16231 Broadway Ave - Assisted Livings FOR SALE


Maple Heights, OH 44137
$1,400,000 USD
440-622-0270
16231 Broadway Ave, Maple Heights, OH for Sale
$1,400,000 USD
Assisted Livings - FOR SALE
1/42
null | Request Cap Rate

16231 Broadway Ave
Maple Heights, OH 44137


OVERVIEW

The seller is open to entertaining owner financing and lease-to-purchase options. Those interested are invited to schedule a tour to explore this unique and enduring value-added prospect. Strategically situated between I-271 and I-77 along I-480, the property, formerly known as the Maple Heights Broadway Care Center, offers a substantial 2.71-acre site with a 40,000-square-foot, three-level steel-beam construction building. The facility comprises of 100 beds distributed across 50 rooms and is equipped with amenities such as two elevators, offices, exercise and activity rooms, dining areas. Furthermore, it features a full-service commercial kitchen, storage, laundry, and mechanical amenities. With an 84-space paved parking lot and three driveways providing multiple access points to Lee and Broadway, the property presents a versatile investment opportunity suitable for various uses, including senior housing and multifamily apartment building.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

2.71 AC

LAND SF

118,048 SF

ZONING

GC

APN/PARCEL ID

781-12-012

ASK ABOUT THIS PROPERTY

Squire ChapmaneXp RealtyMore Info
440-622-0270

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Squire ChapmaneXp RealtyMore Info
440-622-0270

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