303-748-8390
372 Inverness Dr S, Englewood, CO for Sale
Health Care - FOR SALE
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372 Inverness Dr S
Englewood, CO 80112


HIGHLIGHTS

  • New construction, state-of-the-art Class A Inpatient Rehabilitation Facility (IRF) located in the affluent southeast Denver submarket
  • Fee simple, offered free and clear of debt, or with assumption of existing I/O loan
  • Absolute net lease structure with corporate guaranty
  • 22 years of remaining lease term with 2.0% YOY escalations throughout
  • 215,000 residents within a 5-mile radius with an average household income of $146K
  • 40 beds, with ability add an additional 18 beds

OVERVIEW

Quiver Investments (“Quiver”) and Cushman & Wakefield (“C&W”), as exclusive advisors, are pleased to offer for sale the fee simple interest in Reunion Inverness Rehabilitation Hospital (“Reunion Inverness” or the “Property”), a brand-new, state of the art inpatient rehabilitation hospital where cutting edge technology meets compassionate care. With its grand opening in March 2022, this operational and fully leased asset is now available for acquisition. Conveniently located in the affluent Inverness / Denver Tech Center area of southeast Denver, the facility provides care for patients with debilitating illnesses and injuries from stroke, major multiple trauma and other complex neurological and orthopedic conditions. The 40-bed, three (3) story, custom-built inpatient rehabilitation facility (“IRF”) provides these patients with private rooms, two high tech therapy gyms, outdoor courtyard and therapy areas, large open corridors, on-site café, and spacious family meeting areas. Reunion Rehabilitation Hospitals (“Reunion”) utilizes their state-of-the art facilities and teams of medical professionals to offer inpatient rehabilitation services in Colorado, Arizona, Texas and Florida. As leaders in inpatient rehabilitation, Reunion is committed to providing individualized and compassionate care to patients recovering from debilitating illnesses and injuries, such as stroke, brain injury, and other complex neurological and orthopedic conditions. Reunion hospitals are operated by Nobis Rehabilitation Partners (“Nobis”), a third-party operator based in Allen, Texas. Nobis manages a total of 22 inpatient rehabilitation hospitals across the United States for multiple owners. The investment boasts an Absolute Net lease structure providing an investor a Year 1 Net Operating Income (“NOI”) of $2,704,751 (for the 12 months beginning 3/1/2025) with 22 years of remaining lease term plus an additional (2) 5-year options to extend at continued 2.0% YOY increases.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Reunion Post Acute Hospital Inverness

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Hospital, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

PD (pending)

APN/PARCEL ID

2231-022-05-029

ASK ABOUT THIS PROPERTY

John WittQuiver Investments, LLCMore Info
303-748-8390

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John WittQuiver Investments, LLCMore Info
303-748-8390

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