Senior Living Facility
4315 Washington St, Schnecksville, PA 18078
For Sale
$995,000
18-bed care layout with commercial kitchen, laundry, storage, and furnishings in place for health operators.
Property Size9,888 SF
Price / SF$100.63
Days on Market299
Property Features for 4315 Washington St
General Information
Standard status
Size
Additional Details
Business Included
Taxes and HOA fees
Annual Taxes
Listing Agency:
Howard Hanna TheFrederickGroup
(610) 398-0411
Listed By:
Doug Frederick
(610) 360-4993
Source:
Exprealty
Added: Jan 14
Changed: Nov 5
Last Checked: Nov 8 at 7:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna TheFrederickGroup
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Investment Insights
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This large senior living facility was previously used as a senior living community and is offered with furnishings and operating components already in place. The plan features three wings of rooms totaling 11 rooms, designed to accommodate up to 18 beds depending on the arrangement of singles, doubles, or triples. The first floor includes client living quarters, an administration desk and receptionist area, a dining room sized for resident service, and a living room area with seating and a flat screen TV. Private in-room baths are in place and finished with luxury vinyl plank flooring, with wide hallways throughout and alarm systems already installed.
The lower level supports daily operations with a full commercial kitchen, including a walk-in cooler, a six-burner commercial gas cooktop, and a commercial dishwasher. A full laundry room and substantial storage areas are also provided, along with convenient at-grade double doors for loading and service. The building is described as up to date with super-sized heating, cooling, and electric systems, built in the late 1990s, and is situated on a parcel with multiple buildings.
This property is positioned for health-industry uses including assisted living, rehabilitation, and long-term care, depending on how the arrangement is configured for the intended residents. Other residential-related purposes may be possible with township approval, and the offering also notes potential for expansion.
The lower level supports daily operations with a full commercial kitchen, including a walk-in cooler, a six-burner commercial gas cooktop, and a commercial dishwasher. A full laundry room and substantial storage areas are also provided, along with convenient at-grade double doors for loading and service. The building is described as up to date with super-sized heating, cooling, and electric systems, built in the late 1990s, and is situated on a parcel with multiple buildings.
This property is positioned for health-industry uses including assisted living, rehabilitation, and long-term care, depending on how the arrangement is configured for the intended residents. Other residential-related purposes may be possible with township approval, and the offering also notes potential for expansion.
Key Highlights
- Previously used as a senior living community with furnishings and equipment in place
- Designed with 3 wings totaling 11 rooms to accommodate up to 18 beds (depending on singles, doubles, or triples)
- First floor includes client living quarters, administration/reception area, dining room, and in‑room private baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,288
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,265,760
$1.3M
Cap Rate 7%
$904,114
$904.1K
Cap Rate 9%
$703,200
$703.2K
Market Conditions
NOI Build-Up for 9,888 SF
Gross rent
$113.9K $11.52/SF
− Vacancy
−$8.4K −$0.85/SF
EGI
$105.5K $10.67/SF
− OpEx
−$42.2K −$4.27/SF
NOI
$63.3K $6.40/SF
Area
Lehigh County, PA
Vacancy
7.40%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,265,760
Cap Rate 7%
$904,114
Cap Rate 9%
$703,200
Alternative Uses
Best Use
Healthcare Medical
$904.1K
$791.1K – $1.05M
NOI $63,288 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$825.2K
$722.1K – $962.7K
NOI $57,764 @ 7.0% cap · market cap 5.81%
Theoretical Best
Mixed Use
$1.45M
$1.27M – $1.70M
NOI $101,785 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 18078, PA
6,996
Population
2,731
Households
2.6
Avg Household Size
45
Median Age
43%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
448
Density / Sq Mi
$131,875
Median Household Income
$68,097
Median Earnings
$1,265
Median Rent
$361,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Assisted living facility - 18-bed care layout with commercial kitchen, laundry, storage, and furnishings in place for health operators.
Where is this assisted living facility located?
The property is located at 4315 Washington St Schnecksville, PA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Previously used as a senior living community with furnishings and equipment in place; Designed with 3 wings totaling 11 rooms to accommodate up to 18 beds (depending on singles, doubles, or triples); First floor includes client living quarters, administration/reception area, dining room, and in‑room private baths
