Property profile

1051 Avila Rd Harrisburg, PA 17109

FOR SALE
Nursing homes
Property ID
US73-Q000899
124,438 SF Built 1973
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Property summary

AI-generated overview

New Improved Pricing! The subject property is an institutional medical facility previously utilized as a 184 bed skilled nursing home. Unbelievable redevelopment opportunity as assisted care, long term acute medical facility, micro hospital, rehabilitation center, medical academic campus, or high density multi-family. Property features an abundance of amenities including full industrial kitchen, main dining hall, industrial laundry facilities, specialty medical offices, all purpose room, chapel, salon, fitness gym, plentiful storage, and various room layout options. The property also has expansion capability based on density allowance. The property consists of two buildings sitting on 6.78 acres. The main building is a five-story masonry structure with a two-story out building formerly used as a convent. Ideally located at the Union Deposit Road interchange of I-83 and is immediately surrounded by medical, office, and commercial businesses, and sits adjacent to the UPMC Community Osteopathic Hospital Campus. The zoning is Institutional and permits retirement homes, group homes, hospital, college, nursing/personal care, church, and more.

Property profile

Verified
Property type Nursing homes
Year built 1973
Total area 124,438 SF
UPID US73-Q000899

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home

Location

1051 Avila Rd Harrisburg, PA 17109
Harrisburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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