306 S Allen Rd - Assisted Livings FOR SALE


Wake Forest, NC 27587- Outer Northern Outlying
$1,500,000 USD
919-576-2514
306 S Allen Rd, Wake Forest, NC for Sale
$1,500,000 USD
Assisted Livings - FOR SALE
1/4
null | Request Cap Rate

306 S Allen Rd
Wake Forest, NC 27587
Outer Northern Outlying


HIGHLIGHTS

  • easy access for all resident rooms on the main floor
  • easy parking and access to the front door
  • Located in the heart of Wake Forest with easy access to highways and direct access to Raleigh

OVERVIEW

Approved Site Plan - 23,438 SF former Nursing Home with approved site plan for up to 31 beds for 62 & over (100% of the dwelling units must be designated for residents 62 years & older) 2.75 acres located in the heart of downtown Wake Forest with easy access to highways and direct access to Raleigh via US 1/Capital Blvd Zoning - Residential Mixed-Use Conditional District (RMXCD) - single-story building offering easy access for all resident rooms on the main floor Property offers easy parking and access to front door as well as several other entrance points around the building and numerous amenities and services nearby Older Adult Population is Projected to Expand Most in NC Counties by the Office of State Budget and Management Some photos are historical and the property has not been occupied in a number of years Sale Price: $1,500,000 with Seller Financing Available

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

RMX-CD

APN/PARCEL ID

1840.07-68-8987-000

ASK ABOUT THIS PROPERTY

James BaileyLee & AssociatesMore Info
919-576-2514

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James BaileyLee & AssociatesMore Info
919-576-2514

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