Property profile

5347 Brightwood Rd Bethel Park, PA 15102

OFF-MARKET
Assisted living facilities
Property ID
US73-1589226
1.62 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 16,500-square-foot, two-story assisted living facility in Bethel Park, Pennsylvania, presents a unique redevelopment opportunity. Built in 1980, the property features 19 units with a total of 38 beds, including a dedicated memory care wing. The existing layout includes 22 rooms easily adaptable for double occupancy, a lower-level hair salon, and ample community spaces. Situated on a spacious lot with a large, flat backyard ideal for community activities and a secured entry courtyard, the property boasts a peaceful setting with a wooded hillside. Its location across from public transit provides convenient access to various South Hills communities, downtown Pittsburgh, and the North Shore. The property is zoned for nursing/private care and offers potential for redevelopment into various uses, including VA housing, VA assisted living, multifamily housing, or short-term housing, subject to Bethel Park's approval. The 17 main-level rooms could be configured as efficiency apartments, with the exception of the upper-level units which have a "Jack and Jill" bathroom setup. The asking price is $1,000,000, translating to $60.61 per square foot. This property is an excellent investment for an entrepreneur seeking to enter the personal care business or for a developer looking for a prime redevelopment site. The seller is open to various financing options, including lease, lease-to-own, or owner financing to facilitate a smooth transition.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Lot 1.62 ac (70,550 SF)
APN 566-A-145
UPID US73-1589226

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
  • Adult Day Care

Location

5347 Brightwood Rd Bethel Park, PA 15102-3619
Bethel Park metro Census 475301 PITTSBURGH, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
1998
Price N/A

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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