Dothan, AL 36305
- Retirement homes
Current Use by Public Records
- Retirement homes
Property Details
- Property type
- Retirement homes
- Property subtype
- Assisted living facilities
Description
This exceptional Class A assisted living facility, located in Southeast Alabama near Dothan (zip code 36305), presents a unique investment opportunity. The property encompasses a single building totaling over 6,000 square feet and is licensed for 15 or more beds. Each of the approximately 15 private resident rooms includes its own private full bathroom. The facility boasts a spacious front living room, dining room, beauty salon area, pantry, chapel, and staff break room. On-site staff provides 24/7 care, including cooking and cleaning services. The exterior features ample parking, a welcoming front porch, and relaxing resident areas. Benefiting from high visibility due to its location along a major highway, the property is also attractively situated amidst beautiful oaks and wooded areas. The property's history in the community and potential for financial growth make it a compelling acquisition. Prospective buyers should note that verification of all permits, approvals, regulations, allowed use, parking, financials, add-backs, proformas, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, and the exact number of licensed beds is the responsibility of the buyer prior to closing. Further details, including the precise number of beds, property specifics, address, financials, proformas, and photographs, will be provided upon execution of a non-disclosure agreement.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- Houston
- State
- Alabama
- Longitude
- -85.4994
- Latitude
- 31.2071