111 Altmeyer Dr Kittanning, PA 16201-9527
This exceptional investment opportunity in Kittanning, PA, presents a well-established assisted living facility operating successfully since 2014. The property encompasses 11,696 square feet distributed across two buildings situated on a 2.7-acre lot. Known as Country Manor Personal Care Home, the facility offers 30 units, comprising 28 studio-like units with shared bathrooms and two units with private bathrooms. Additional features include three storage/equipment rooms for staff, a staff common area, a nursing station, an office, a fully equipped kitchen, and two resident common areas. Currently housing 26 residents, the facility has a capacity of 50, offering substantial room for expansion and increased revenue. A dedicated team of 13 employees ensures high-quality care and a supportive environment. The property's location in Kittanning, along the Allegheny River, provides a blend of small-town charm and convenient access to amenities beneficial to a residential care facility. This turnkey operation presents a compelling opportunity for investors seeking a profitable and established business in a desirable location. The property's size and existing infrastructure offer significant potential for future development and expansion to meet growing community needs.
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Country Manor Personal Care Home Nursing Home
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.