507 Upstream St - Health Care FOR SALE


River Ridge, LA 70123
$1,989,765 USD
612-332-6600
507 Upstream St, River Ridge, LA for Sale
$1,989,765 USD
Health Care - FOR SALE
1/1
null | 6.4% Cap Rate

507 Upstream St
River Ridge, LA 70123


HIGHLIGHTS

  • St. Joseph Hospice is on a NNN lease with more than 12+ years remaining and 2% annual rent increases.
  • St. Joseph Hospice provides In Patient Hospice Care with 10 rooms.
  • The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in Texas, Arkansas, Louisiana, Mississippi,
  • Strong demographics with a 5-mile population of 188,486 and average household income of $95,963.
  • Located approximately 7 miles from the Louis Armstrong New Orleans International Airport.

OVERVIEW

License Type: In-Patient Hospice Capacity: 10 Rooms The net lease investment portfolio includes land, building, and long term lease. The business is not for sale.

FOR SALE DETAILS

PRICE

$1,989,765 USD

PRICE/SF

$196 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St. Joseph Hospice

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C1

APN/PARCEL ID

0910002312

ASK ABOUT THIS PROPERTY

Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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