211 Iowa Ave, Platte, SD 57369

This exceptional assisted living facility, situated at 211 Iowa Ave in Platte, South Dakota, presents a lucrative investment opportunity. The property, totaling 8,467 square feet on a 14,000 square foot lot, boasts a spacious layout designed for comfortable senior living. Originally constructed in 1994, the facility underwent significant renovations in 2017, enhancing its appeal and functionality. The renovations included the addition of eight studio rooms, a modern salon, a convenient laundry room, a welcoming dining area, a private office, and a shared main bathroom. The existing six one-bedroom units were retained, ensuring a diverse range of accommodation options. The fully remodeled kitchen, completed in 2017, is equipped to cater to the dietary needs of residents. Most bedrooms feature private restrooms for added convenience and privacy. Licensed for 16 residents, this well-maintained property offers a strong foundation for continued success in the growing senior care market. The asking price is $1,100,000, translating to $129.92 per square foot. This represents a compelling investment in a thriving community within Charles Mix County, South Dakota, zip code 57369. The property's location offers easy access to local amenities and services, further enhancing its desirability.