Six-Facility Assisted Living
For Sale
Contact for pricing
Pending
4633 Oak Ridge Rd., Morgantown, KY 42261
Kentucky portfolio of residential care communities with private bathrooms, accessible showers, and recent property improvements.
Property SizeContact for details
Days on Market359
Property Features for 4633 Oak Ridge Rd.
General Information
Standard status
Pending
Property subtype
Senior Living
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$595,736
Additional Details
Business Included
Yes
Amenities
private bathrooms
handicap-accessible showers
basements for storage
Building Details
Year Built
1996
Year Renovated
2023
Buildings
6
Units
82
Listing Agency:
Coldwell Banker Commercial Cornerstone
(803) 468-1010
Listed By:
Jack Osteen · License #SC 103120
Source:
Crexi
Added: Sep 8, 2025
Changed: Aug 31
Last Checked: Aug 30 at 4:08PM
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 Coldwell Banker Commercial Cornerstone
Investment Insights
Based on property information with market context.
This assisted living portfolio includes six facilities serving communities in Kentucky secondary markets. The properties were constructed in 1996 and use an open residential layout with shared living, dining, and kitchen areas. Private bathrooms and large handicap-accessible showers are included throughout, while several locations offer basement storage. The facilities are sized for 12 to 16 beds each.
Capital work across the portfolio includes new roofs completed since 2023 or currently being replaced. Interior updates include repainting, new carpet, and refreshed finishes. Each facility maintains a wait list, and the portfolio is positioned in Morgantown, Kentucky, with the listed property located at 4633 Oak Ridge Rd. The communities provide an established operating platform for assisted living use across multiple facilities.
Capital work across the portfolio includes new roofs completed since 2023 or currently being replaced. Interior updates include repainting, new carpet, and refreshed finishes. Each facility maintains a wait list, and the portfolio is positioned in Morgantown, Kentucky, with the listed property located at 4633 Oak Ridge Rd. The communities provide an established operating platform for assisted living use across multiple facilities.
Key Highlights
- Six assisted living facilities across Kentucky secondary markets
- Facilities designed for 12 to 16 beds each
- 1996 construction with open living, dining, and kitchen areas
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 42261, KY
10,146
Population
4,168
Households
2.4
Avg Household Size
41
Median Age
10%
College-Educated
83%
High-School Grad
287.8 sq mi
ZIP Area
35
Density / Sq Mi
$49,219
Median Household Income
$35,529
Median Earnings
$643
Median Rent
$106,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Kentucky portfolio of residential care communities with private bathrooms, accessible showers, and recent property improvements.
Where is this assisted living facility located?
The property is located at 4633 Oak Ridge Rd. Morgantown, KY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Six assisted living facilities across Kentucky secondary markets; Facilities designed for 12 to 16 beds each; 1996 construction with open living, dining, and kitchen areas
