Property summary
This exceptional 16-bed assisted living facility presents a compelling investment opportunity in Slayton, Minnesota. Situated on a generous 2.17-acre lot at 2409 Linden Ave, this property boasts 13,525 square feet of well-maintained space. The facility features spacious common areas, including a comfortable living room and a well-equipped dining room, perfect for fostering a warm and welcoming atmosphere for residents. A full kitchen ensures efficient meal preparation and service. Each of the sixteen bedrooms includes its own private bathroom, providing residents with comfort and privacy. Additional features include a garage area, ideal for parking or storage, and ample parking for residents and staff, with 17 marked spaces, resulting in a parking ratio of approximately 1 space per 795 square feet. The property is conveniently located in the heart of Slayton, offering easy access to local amenities and services. Detailed financial information is available upon request. This turnkey operation presents a rare opportunity to acquire a well-established assisted living facility in a thriving community. The asking price is $1,400,000, translating to $103.51 per square foot. This represents a strong value proposition in the current market.
Property profile
VerifiedCap rate & NOI
Current use
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Nursing Home Retirement Community
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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