Properties
3491
Crestwood Drive,
Morganton,
North Carolina
NC
28655-8787
Listing ID 3894653
Price: $1,250,000
Active
Status
4
Total Baths
3,545
SqFt
2.250
Acres
- Description
- Primary Features
- Interior
- External
- Location
- Additional
- Financial
- Zoning Info
- Area Info
- Map
Investment Opportunity: Hope Ridge Family Care is an upscale Four-Star Rated assisted living facility specializing in elderly care. Licensed administrators and certified staff provide 24/7 medical and personal care in the Foothills of North Carolina. Residents are cared for like a family. The facility is a cash-only establishment with a capitalization rate of 7%. Visitors must wear masks with no fever or sickness within the last seven days and ask to sanitize hands and refrain from touching surfaces.
County:
Burke
Price Before Reduction:
1350000
Price Reduction Date:
2023-05-23T15:15:28+00:00
Property Sub Type:
Special Purpose
Property Type:
Commercial
Year Built:
1984
Zoning:
R-1
Cooling:
Ceiling Fan(s), Central Air
Flooring:
Carpet, Tile, Laminate, Linoleum, Marble, Hardwood, Tile, Vinyl, Vinyl, Other - See Remarks
Heating:
Central, Electric, Zoned
SqFt Available Maximum:
3545
SqFt Available Minimum:
2092
Construction Type:
Site Built
Flood Plain:
No
Foundation Details:
Slab, Other - See Remarks
Lot Size Dimensions:
304x308x530x427x295
Lot Size Units:
Acres
New Construction:
no
Number Of Buildings:
1
Number Of Units Total:
1
Other Parking:
Five (5) paved parking spaces, and five (5)+ spaces on gravel.
Parking Total:
12
Rail Service:
No
Road Frontage:
304
Road Frontage Type:
City Street, County Road, State Road
Road Responsibility:
Publicly Maintained Road
Roof:
Shingle, Insulated, Wood, Wood
Utilities:
Cable Connected, Electricity Connected, Fiber Optics, Phone Connected
Building Area Total:
3545
Elevation:
1000
HOA Subject To:
None
Inside City:
yes
Waterfront Features:
None
Accessibility Features:
Two or More Access Exits, Bath 60 Inch Turning Radius, Bath Grab Bars, Bath Low Mirrors, Bath Raised Toilet, Roll-In Shower, Closet Bars 15-48 Inches, Door Width 32 Inches or More, Lever Door Handles, Doors-Recede, Entry Slope less than 1 foot, Exterior Curb Cuts, Hall Width 36 Inches or More, Handicap Parking, Kitchen 60 Inch Turning Radius, Kitchen Low Cabinetry, Mobility Friendly Flooring, Ramp(s)-Main Level
Builder Name:
RESALE
Deed Reference:
2449/0723
Plat Book Slide:
59/45(1)
Plat Reference Section Pages:
6/116
Possible Use:
Multi-Family, Residential, Other - See Remarks
Auction Bid Information:
Actual List Price
Auction Bid Type:
Bid
Easement:
Electric,Sewer,Telephone,Water
Financing Information:
CASH ONLY
Gross Income:
432000
Gross Scheduled Income:
432000
Inclusions:
Building,Business,Equipment,Fixtures,Inventory,Land,Licenses
Net Operating Income:
108000
Number Of Units Leased:
6
Operating Expense:
122500
Proposed Special Assessment:
no
Restrictions:
Livestock Restriction,Signage,Square Feet,Other - See Remarks
Restrictions Description:
NCDHHS Requirements for Family Home Care.
Special Listing Conditions:
None
SqFt Maximum Lease:
196.00
SqFt Minimum Lease:
115.00
Transaction Type:
For Sale
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