Property profile

2409 Linden Ave Slayton, MN 56172

OFF-MARKET
Retirement homes
13,525 SF 2.17 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Retirement homes
Total area 13,525 SF
Lot 2.17 ac (94,525 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

2409 Linden Ave Slayton, MN 56172
Slayton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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