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    OFF-MARKET
    Commercial real estate

    408 Nicholas St, Rupert, WV 25984

    0.64 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 24-bed assisted living facility, nestled on a 0.64-acre lot at 408 Nicholas St, Rupert, WV, presents a lucrative turnkey business opportunity. The property boasts a long-standing history of providing eldercare services within the Meadow River Valley region. The three-level building offers a comprehensive layout designed for optimal resident care and staff efficiency. The ground floor features three bedrooms, while the main level houses twelve additional bedrooms, all supported by three full bathrooms and three half bathrooms. A fully equipped kitchen and dining area cater to the residents' needs, complemented by dedicated office spaces and convenient laundry facilities. A significant advantage is the inclusion of a private, upper-level apartment, ideal for live-in management or staff. The facility's design prioritizes resident well-being and security, incorporating front and back porches for outdoor relaxation and alarmed doors for added safety. This established business offers a rare chance to acquire a profitable and well-regarded assisted living home in a desirable location. The asking price is $525,000. This represents a significant investment opportunity in a growing sector of the healthcare industry. The property is ready for immediate operation, minimizing the need for extensive renovations or upgrades. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.64 ac (27,878 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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