Description
Unique opportunity: own a fully functioning, continually in-demand facility that is leased through 2026! This well-planned facility, affords its residents large private rooms, home-like common areas for guests, manicured gardens, a chapel, gourmet kitchen with chef-prepared meals, and many more amenities. It is ideally situated among the upscale University Place, Fircrest, and Narrows areas amid a thriving residential population center. Some 98K+ households are within 5 mi of the building. The one-story care center was recently remodeled, resulting in a $2M investment by the owner. CHI Franciscan signed a 10-year lease in late 2016, making this property an excellent investment with stable, long-term cash flow.
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0BEDS
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2.34ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing Courtesy of Keller Williams Realty.Description
Unique opportunity: own a fully functioning, continually in-demand facility that is leased through 2026! This well-planned facility, affords its residents large private rooms, home-like common areas for guests, manicured gardens, a chapel, gourmet kitchen with chef-prepared meals, and many more amenities. It is ideally situated among the upscale University Place, Fircrest, and Narrows areas amid a thriving residential population center. Some 98K+ households are within 5 mi of the building. The one-story care center was recently remodeled, resulting in a $2M investment by the owner. CHI Franciscan signed a 10-year lease in late 2016, making this property an excellent investment with stable, long-term cash flow.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-04-13T16:14:38.53.