Property profile

198 Waterlynn Rd Mooresville, NC 28117

OFF-MARKET
Assisted living facilities
Property ID
US53-0264695
39,487 SF 6.39 ac lot Built 2012
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2012
Construction WOOD
Total area 39,487 SF
Lot 6.39 ac (278,392 SF)
Zoning code TN
APN 4656-02-9588.000
UPID US53-0264695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Retirement Community

Location

198 Waterlynn Rd Mooresville, NC 28117-8074
Mooresville metro Census 61404 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.60M

Owner & transaction history

since 2015
5 recorded transactions
2015
$16.7M
2015
Price N/A
2012
$695,000
2012
Price N/A
1969
Price N/A

Zoning & alternative use

TN · Mooresville, NC
Zoning description

The purpose of the TN (Traditional Neighborhood) district is to provide lands for a diverse mix of medium density residential development, including singlefamily detached, duplex, and small scale attached residential dwe…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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