410 Sunset Dr - Apartments FOR SALE


Vandalia, IL 62471
$400,000 USD
217-202-0924
410 Sunset Dr, Vandalia, IL for Sale
$400,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

410 Sunset Dr
Vandalia, IL 62471


HIGHLIGHTS

  • Currently Vacant!
  • Building and grounds have been very well maintained!
  • Blank canvas for your plans!

OVERVIEW

Exceptional Opportunity: 21-Room Senior Living Facility with Versatile Potential in Vandalia, IL Discover this beautifully maintained 9,127-square-foot facility, perfectly situated on 1.57 acres in the heart of a serene residential neighborhood in Vandalia, IL. Built in 1997 and operated successfully until 2024, this property offers a wealth of opportunities for investors or operators in healthcare, housing, or community services. Sweet Briar (Key Features) •Turnkey Facility: 21 private rooms, ideal for senior living, dementia care, or group home settings. •Commercial-Grade Amenities: Fully equipped commercial kitchen, dedicated laundry facilities, and multiple updated AC units for convenience and comfort. •Modern Updates: Recently installed new roof, updated rooms, and a well-maintained infrastructure. •Ample Space: A sprawling concrete parking lot and meticulously landscaped grounds, featuring a charming gazebo for outdoor relaxation. Sweet Briar (Versatile Potential) This thoughtfully designed property is perfectly suited for a variety of uses, including: •Senior Living Solutions: Memory care, assisted living, or independent senior housing. •Residential Conversion: Multi-family housing development with spacious layouts. •Community-Centered Services: Group homes, day care centers, or educational facilities. Sweet Briar (Prime Location) Nestled within a peaceful residential neighborhood, the property offers easy accessibility while maintaining a welcoming, home-like environment. This facility represents an incredible value for developers, healthcare operators, or visionary investors looking to repurpose a well-maintained space to meet community needs.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$44 USD /SF

# OF UNITS

21

PRICE/UNIT

$19,048

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sweet Briar

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

Commercial

APN/PARCEL ID

18-14-17-132-018

ASK ABOUT THIS PROPERTY

Jon FisherMr. LandmanMore Info
217-202-0924

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Jon FisherMr. LandmanMore Info
217-202-0924

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