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Off Market
1/22

256 Gravely Branch Rd
Fletcher, NC 28732


HIGHLIGHTS

  • * Good reputation in local market area for quality care.
  • *Key employees seem to have long tenure with the Facilities.
  • *Good location near the desirable retirement destinations of Hendersonville/Asheville, NC.
  • *Scenic mountain location at top of bluff.
  • *Growing senior care industry.
  • *Purpose built in 1986 for current use - Licensed 6-Bed Family Care Homes

OVERVIEW

Four (4) Purpose Built, 6-Unit/Bed, 2-Bath, Family Care Homes generally funded by the NC Medicaid program. The Four FCHs each have 2,200 SF and are located on the top of a bluff and sit on a total of approximately three (3) acres. The location is very scenic on top of a bluff and is located near Asheville and Hendersonville, NC, two of the top retirement spots on the East Coast. These four facilities are licensed by the state to feed, house and care for elderly, disabled or mentally ill people who cannot live alone. The business has been leased to an operator for years; a new owner could negotiate with this operator to extend this lease. The positives of the Business/Property are: * Physical plant appears to be well maintained * No obvious deferred maintenance * Access to site appears to be good *Trends are for more seniors needing housing and care *Good business opportunity

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

#3 and #4 Duck Lane - (4) Family Care Homes

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing

TOTAL BUILDING SIZE

8800

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

3 AC AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

9675-40-1278-00000