316 Rhodes Pl - Assisted Livings FOR SALE


New Castle, PA 16101
$1,200,000 USD
304-290-7826
316 Rhodes Pl, New Castle, PA for Sale
$1,200,000 USD
Assisted Livings - FOR SALE
1/12
null | Request Cap Rate

316 Rhodes Pl
New Castle, PA 16101


HIGHLIGHTS

  • Incredible Financial Opportunity
  • Beautiful grounds
  • Ample Parking
  • Prime location in New Castle

OVERVIEW

Welcome to this exceptional property offering a unique opportunity for value-add investors. Situated on a spacious parcel, this property boasts not one, but two distinct facilities. The first is an impeccably restored mansion spanning 8,800 square feet, currently serving as a charming 4-unit multi-family residence. This restored mansion exudes character and offers an ideal setting for residents seeking a blend of historic charm and modern amenities. Additionally, the property features a purpose-built 72-bed personal care facility. This former personal care facility presents an incredible chance to acquire a distressed sale at a price far below the reconstruction cost, making it an enticing prospect for astute investors. With beautiful grounds, ample parking, and a prime location, this property presents a myriad of possibilities.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rhodes Estates

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Rehabilitation Center, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.49 AC

LAND SF

108,523 SF

ZONING

R2

APN/PARCEL ID

02-160400,02-160800,02-197100,02-307100

ASK ABOUT THIS PROPERTY

Michael CastleTotum Realty AdvisorsMore Info
304-290-7826

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Michael CastleTotum Realty AdvisorsMore Info
304-290-7826

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