2409 Linden Ave, Slayton, MN 56172
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.
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Lindenwood Assisted Living Nursing Home Retirement Community
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.