360 New Rd Brandon, VT 05733-8396
- Investment properties
- 2,496 SF
- 1.69 lot acres
Current Use by Public Records
- Investment properties
Property Details for 360 New Rd
- Year built
- 1930
- Lot size
- 1.69 lot acres
- Property size
- 2,496 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- (024) 0140-0360
- APU
- 2401400360
Description
This exceptional business opportunity presents a fully operational residential care home situated on a 1.69-acre lot at 360 New Road, Brandon, Vermont. The 1,234 square foot facility is impeccably maintained and offers comfortable living quarters designed to meet the needs of residents. Recreational areas and medical facilities are integrated into the design, ensuring a holistic and supportive environment. The property boasts a strong client base and an established reputation within the Brandon community, providing a solid foundation for continued success. The existing, experienced staff contributes to the smooth operation of the home, minimizing disruption for both residents and staff during the transition of ownership. This turnkey operation offers immediate income potential and benefits from the growing demand for residential care services in the area. The serene location in Brandon, Vermont provides a peaceful and homely atmosphere for residents, contributing to the overall positive reputation of the business. This is a rare opportunity to acquire a profitable and established business in a desirable location, offering a significant return on investment for the right buyer. The property is priced at $1,000,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $200,000
- 7%
- $180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $190,000
- Mixed-Use
- $165,000
- Hospitality
- $185,000
- Educational
- $175,000
- Residential Income
- $160,000
- Energy
- $160,000
- Income-Based Land
- $195,000
- Food Service
- $195,000
Location Insight
- Map
- Local Demand
- City
- Brandon
- County
- Rutland
- State
- Vermont
- Longitude
- -73.1052
- Latitude
- 43.8138
- CBSA code
- 40860
- CBSA name
- RUTLAND, VT MICROPOLITAN STATISTICAL AREA