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    Birmingham, AL 35005

    Sponsored
    For Sale
    $750,000

    8+ Bed Assisted Living, North Alabama

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A assisted living facility in Birmingham, Alabama, presents a unique investment opportunity. Priced at $750,000, this approximately 6,000 square foot building boasts 8+ private bedrooms (convertible to semi-private), offering significant expansion potential to 16+ beds. The facility includes a spacious living room, dining room, beauty salon, pantry, and staff break room. Currently licensed for 8+ beds, it benefits from a dedicated on-site manager and two additional staff members providing 24/7 care, cleaning, and meal preparation. The property features ample parking, a welcoming front porch, and a relaxing courtyard. Its convenient location on a major thoroughfare, near a golf course and surrounded by mature trees, enhances its appeal. The buyer is responsible for verifying all aspects of the property, including permits, approvals, regulations, and financials, prior to closing. This is an established business with room for growth in a desirable location. All details will be disclosed upon signing a non-disclosure agreement.

    Property Features for 0

    General Information

    Property type
    Retirement homes
    Class
    A

    HighLights

    • $750,000 asking price for an assisted living facility.
    • Class A, 8+ bed Residential Assisted Living Facility (RALF) in Birmingham, Alabama.
    • Approximately 6,000 square feet, with 8 private bedrooms (convertible to semi‑private).
    • Licensed for 8+ beds, with potential for expansion to 16+ beds.
    • Includes living room, dining room, beauty salon, pantry, and staff break room.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Map

    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -87.0424393
    Latitude
    33.6047446

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    FAQs

    What type of property is this?
    Retirement home - 8+ Bed Assisted Living, North Alabama
    Where is this retirement home located?
    The property is located at Birmingham, AL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for an assisted living facility.; Class A, 8+ bed Residential Assisted Living Facility (RALF) in Birmingham, Alabama.; Approximately 6,000 square feet, with 8 private bedrooms (convertible to semi-private).
    (251) 277-5003
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    Birmingham, AL 35005
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Birmingham, AL 35005
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