111 Altmeyer Dr Kittanning, PA 16201-9527
- Residential income homes
- 8,896 SF
- 2.70 lot acres
Current Use by Public Records
- Country Manor Personal Care Home / Nursing Home / Assisted Living Facility
Property Details for 111 Altmeyer Dr
- Year built
- 1996
- Lot size
- 2.70 lot acres
- Property size
- 8,896 SF
- Property type
- Residential income homes
- Property subtype
- Serviced apartments
- APN
- 38-0-063131
- APU
- 380063131
Description
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.
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
- Kittanning
- County
- Armstrong
- State
- Pennsylvania
- Longitude
- -79.3886
- Latitude
- 40.7635
- CBSA code
- 38300
- CBSA name
- PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
