11921 Caruso Dr - Assisted Livings FOR SALE


Panama City, FL 32404
$325,000 USD
650-298-2282
11921 Caruso Dr, Panama City, FL for Sale
$325,000 USD
Assisted Livings - FOR SALE
1/31
null | Request Cap Rate

11921 Caruso Dr
Panama City, FL 32404


OVERVIEW

We offer 3% to a buyer's agent at close. Looking for a value-add renovation project? Formerly a 34-bed assisted living home on the outskirts of Panama City- this 6800 sq ft building sits on 1 acre and has 12 bedrooms, 5 baths and a ton of potential. This is a fixer upper- not occupied, no NOI or T12 available. Water is on. Electric to property but has been disconnected due to vacancy Property needs rehab- but that's why it's sub $50 per square foot and not $150 -$200 PSF like single family in the area.. or much more if you rehab, re license, and lease up as a group, assisted, or nursing home. No blind offers or contract assignments. Message for more info/pics

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former 34 bed Assisted Living in Florida

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

45,002 SF

ZONING

Unincorporated - R-1

APN/PARCEL ID

07399-446-000

ASK ABOUT THIS PROPERTY

Celine TruongCeline-Truong.comMore Info
650-298-2282

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Celine TruongCeline-Truong.comMore Info
650-298-2282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.