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    Dothan, AL 36305

    Sponsored
    For Sale
    $850,000

    15+ Bed Facility, $850,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A assisted living facility, located in Southeast Alabama near Dothan (zip code 36305), presents a unique investment opportunity. The property encompasses a single building totaling over 6,000 square feet and is licensed for 15 or more beds. Each of the approximately 15 private resident rooms includes its own private full bathroom. The facility boasts a spacious front living room, dining room, beauty salon area, pantry, chapel, and staff break room. On-site staff provides 24/7 care, including cooking and cleaning services. The exterior features ample parking, a welcoming front porch, and relaxing resident areas. Benefiting from high visibility due to its location along a major highway, the property is also attractively situated amidst beautiful oaks and wooded areas. The property's history in the community and potential for financial growth make it a compelling acquisition. Prospective buyers should note that verification of all permits, approvals, regulations, allowed use, parking, financials, add-backs, proformas, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, and the exact number of licensed beds is the responsibility of the buyer prior to closing. Further details, including the precise number of beds, property specifics, address, financials, proformas, and photographs, will be provided upon execution of a non-disclosure agreement.

    Property Features for 0

    General Information

    Property type
    Retirement homes
    Class
    A

    HighLights

    • Class A assisted living facility in Southeast Alabama near Dothan (zip code 36305).
    • Over 6,000 square feet, licensed for 15+ beds.
    • 15 private resident rooms, each with a private bathroom.
    • Features include a living room, dining room, beauty salon, pantry, chapel, and staff break room.
    • 24/7 on‑site staff providing care, cooking, and cleaning.
    • Ample parking, welcoming porch, and outdoor resident areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Map

    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.4994192
    Latitude
    31.2070554

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    FAQs

    What type of property is this?
    Retirement home - 15+ Bed Facility, $850,000
    Where is this retirement home located?
    The property is located at Dothan, AL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Class A assisted living facility in Southeast Alabama near Dothan (zip code 36305).; Over 6,000 square feet, licensed for 15+ beds.; 15 private resident rooms, each with a private bathroom.
    (251) 277-5003
    Request Owner's contact information
    Dothan, AL 36305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Dothan, AL 36305
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