0 Angel St Layton, UT 84041
This exceptional 4,018-square-foot assisted living facility in Layton, Utah, presents a compelling investment opportunity. Built in 1992 and extensively renovated in 2017, this property boasts 11 units with a capacity for up to 13 beds, currently operating at 85% occupancy. Situated on a 0.58-acre lot with convenient freeway and hospital access, the property features a desirable one-level layout, a large deck, and a spacious fenced backyard complete with a waterfall. Additional amenities include a separate rear entrance, a commercial-grade alarm system, and a half-bath in every unit, ensuring both comfort and security. Wheelchair accessibility is provided throughout. Two units offer private showers and the potential for double occupancy. The property is zoned RM1, allowing for potential future uses such as a nursing home, rehabilitation center, or other elderly care facility, subject to obtaining the necessary conditional use permits. The current owner has operated the facility at a lower-than-market rate per bed, indicating significant potential for increased revenue. The asking price is $949,000, translating to $236.19 per square foot. Ample parking is available with 6 designated spaces. Buyer to verify all information.
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
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Risks
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