48 W 700 S - Assisted Livings FOR SALE


St George, UT 84770
$1,390,000 USD
801-828-7290
48 W 700 S, St George, UT for Sale
$1,390,000 USD
Assisted Livings - FOR SALE
1/26
null | 9.83% Cap Rate

48 W 700 S
St George, UT 84770


HIGHLIGHTS

  • Desert Beauty: Mojave Desert setting with red rock formations and arid landscapes, a relaxing backdrop for retirees.
  • Snow Canyon State Park: 10 miles northwest, offers lava fields and sandstone cliffs for accessible senior outings.
  • Virgin River: 2-3 miles east, adds greenery and connects to Zion National Park for scenic family drives.
  • Unique Ecosystem: Junction of Mojave Desert, Great Basin, and Colorado Plateau, ideal for nature enthusiasts.
  • Elevation and Climate: 2,800 feet with a warm, dry climate, gentle on seniors, framed by Pine Valley Mountains.
  • Gateway to Adventure: 40 miles from Zion National Park, balancing convenience and exploration.

OVERVIEW

Rosecrest Assisted Living presents a compelling opportunity for investors interested in special purpose properties, particularly those focused on assisted living facilities. Located at 48 West 700 South in St. George, Utah, this 4,319-square-foot Residential Assisted Living property, constructed in 1973, has been strategically adapted to meet the needs of seniors requiring Level 1 patient care. With 12 rooms/beds, 1 office/bedroom, 1 manager's office, 1 caregiver/nurses office, an activity room, a living room, a dining room, the property blends modern upgrades with practical design tailored for accessibility and comfort. The renovations—such as the six fully updated bedrooms, a mix of remodeled and new bathrooms (totaling eight), and revitalized exterior spaces—enhance its appeal for assisted living purposes. Features like the new backyard gazebo and improved outdoor areas provide residents with functional, enjoyable spaces that promote well-being and social interaction. These upgrades align seamlessly with the demands of a Level 1 care facility, where safety, ease of use, and a welcoming atmosphere are essential for residents needing minimal to moderate assistance with daily activities. St. George’s reputation as a retirement-friendly location adds to the property’s value proposition. The area’s mild climate, proximity to healthcare and shopping (within a mile), and recreational options like golfing and hiking make it attractive for seniors seeking a balance of independence and care. The assisted living design, with its 12 spacious residential rooms, a dedicated caregiver room, and focus on accessibility, positions this property as a turnkey solution for operators or investors targeting this growing demographic. For a discerning investor, this offering stands out due to its thoughtful adaptations, recent improvements, and location in a market with strong demand for senior housing.

FOR SALE DETAILS

PRICE

$1,390,000 USD

PRICE/SF

$322 USD /SF

CAP RATE

9.83%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C-2 Highway Commercial

APN/PARCEL ID

0023484

ASK ABOUT THIS PROPERTY

Daniel FaleGraystone Capital AdvisorsMore Info
801-828-7290

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

Daniel FaleGraystone Capital AdvisorsMore Info
801-828-7290

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