520 W Gum St - Hospitals FOR SALE
Marion, KY 42064 |
520 W Gum St
Marion, KY 42064
HIGHLIGHTS
- RHG’s management team has over 30 years of experience in the rural hospital market, on average. Prior to founding RHG, from 2007 to 2012
- The master lease features a corporate guarantee from Rural Hospital Group. Investors can review unit-level and corporate financials with a NDA
- master lease will incorporate an absolute NNN reimbursement structure, ensuring that the future landlord will have zero responsibilities
- The operator will execute a 20-year lease with 3% annual escalators, which will serve as a strong hedge against inflation.
- In 2022, ownership invested approximately $1.5 million in renovations to the hospital, demonstrating their financial commitment to this location
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
COMMUNITY HOSPOSPITAL PORTFOLIO | 10.69% CAP
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Hospitals
TOTAL BUILDING SIZE
85522
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1971
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
8.71 AC AC
LAND SF
379,378 SF
ZONING
-
APN/PARCEL ID
058-80-04-001.00
