Auburn Assisted Living Facility For
871 Twin Forks Ave Auburn, AL 36830
For Sale
Contact for pricing
Assisted Living Facility in Auburn, Alabama near Auburn University.
Property Size33,254 SF
Price / SF$102.24
Days on Market183
Property Features for 871 Twin Forks Ave
General Information
Standard status
Active
Size
33,254 SF
Property subtype
Senior Living
Building Details
Year Built
2006
Listing Agency:
Bull Realty
(404) 876-1640
Listed By:
Michael Bull · License #GA 356482
Source:
Crexi
Added: Jan 26
Changed: Jul 10
Last Checked: Jul 28 at 3:28PM
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 Bull Realty
Investment Insights
Based on property information with market context.
This assisted living facility is available for sale in Auburn, Alabama. The building has a size of approximately 33,254 square feet and contains 43 units, licensed for 49 beds. The facility offers assisted living with a professional care staff and memory care services. Interior features include large suites and spacious single rooms. Amenities include a professional kitchen, theater, and beauty salon. The property is located in Auburn, Alabama, a city with a population of 82,000, recognized for its dynamic economy. Auburn is home to Auburn University, located approximately 9 minutes from the property. The city is a regional hub for advanced manufacturing, technology, high-quality residential living, and a retirement destination for Auburn University Alumni. The city's culture is a driver for the local tourism and hospitality sectors.
Key Highlights
- High Occupancy Rate: 92.2% occupancy rate.
- Strong Financial Performance: Forecast NOI of $544,233.66, 16.01% Acquisition CAP Rate and a 92.6% IRR (5‑Year Hold).
- Desirable Location: Situated in Auburn, Alabama, near Auburn University.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $518.8k | $15.60 |
| − Vacancy | −$35.3k | −$1.06 |
| EGI | $483.5k | $14.54 |
| − OpEx | −$217.6k | −$6.54 |
| NOI | $265.9k | $8.00 |
33,254 SF · lease $15.60/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.80M
$3.32M – $4.43M
NOI $265,918 @ 7.0% cap · market cap 7.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.11M
$7.10M – $9.46M
NOI $567,734 @ 7.0% cap · market cap 16.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Gentiva Hospice — 730 N Dean Rd #300, Auburn, AL 36830
- Summer Village Camellia Place — 1171 Gatewood Dr building 206, Auburn, AL 36830
Frequently Asked Questions
What type of property is this?
Assisted living facility - Assisted Living Facility in Auburn, Alabama near Auburn University.
Where is this assisted living facility located?
The property is located at 871 Twin Forks Ave Auburn, AL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: High Occupancy Rate: 92.2% occupancy rate.; Strong Financial Performance: Forecast NOI of $544,233.66, 16.01% Acquisition CAP Rate and a 92.6% IRR (5‑Year Hold).; Desirable Location: Situated in Auburn, Alabama, near Auburn University.
