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    Hoyt Lakes, MN
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    20-Unit Assisted Living Facility
    Updated: Apr 13
    20-Unit Assisted Living Facility

    421 Kennedy Memorial Drive, Hoyt Lakes, MN 55750

    $1,900,000
    8.15 AC lot
    20‑unit facility with a history of assisted living use
    Built in 2010
    Accessible approach with ramp
    Oil, forced‑air, and radiant heating
    Central air conditioning
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hoyt Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    29-Unit Assisted Living Facility
    29-Unit Assisted Living Facility

    4576 Lake St, Orr, MN 55771

    $2,899,000
    19,629 sqft 3.65 AC lot

    Maintained senior housing facility featuring a commercial-grade kitchen near Pelican Lake.

    View details
    Healthcare Facility with Assisted Living Layout
    Healthcare Facility with Assisted Living Layout

    232 E Springer Avenue, Elmwood, WI 54740

    $750,000
    28,549 sqft

    Brick former nursing home and medical clinic offering multiple resident wings, clinic exam rooms, and ample paved parking.

    View details
    29-Unit Assisted Living Facility
    29-Unit Assisted Living Facility

    4576 Lake Street, Orr, MN 55771

    $2,899,000
    3.65 AC lot

    A commercial-grade kitchen is among the facility’s existing improvements.

    View details
    33-Room Assisted Living Facility
    33-Room Assisted Living Facility

    232 E Springer Avenue, Elmwood, WI 54740

    $750,000
    28,549 sqft 2.36 AC lot

    Brick care facility with resident rooms, clinic areas, and paved parking.

    View details

    Hoyt Lakes, MN Assisted Living Facilities Market Trends and Statistics

    Explore 1 assisted living facilities for sale in Hoyt Lakes, MN on our real estate platform.

    Sale prices for assisted living facilities in Hoyt Lakes, MN average $1,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 1

    Demographics Overview

    Population 2,078
    Population Growth (5Y) -0.4%
    Median Household Income $64,653
    College Educated 23.4%

    Taxes & Financing

    Tax Rate (average for all types) 3.09%
    Property Tax per SF $34.26 per SF
    Tax Rate vs County Average 0.51 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

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