18 Room InPatient Facility

Special Purpose for Sale
Catylist Listing ID: 30182677
Property Subtypes: Health Care/Medical, Senior Housing
Building Size (RSF): 17,134 SF
Gross Building Area: See Agent
Sale Price: $2,600,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2021

Overview / Comments

Drastic Price Reduction from $3,250,000. Well below replacement cost. Former Award-Winning Senior Care Facility available on the market with furniture and fixtures available. 18 private rooms each have a bathroom. Commercial kitchen, multiple family rooms, a chapel and offices on site. Tennova Residential Hospice became inactive in July of 2017. Halls Community is a quality suburb in North Knoxville with strong demographics and major new development.

Property was approved for Recovery Housing Special use in 2020 with up to 44 residents.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 028 205
Property Visibility: Excellent
Property Condition: Excellent
Year Built: 1999

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,367 33,740 83,430
Median Age: 42.87 39.86 39.13
Households: 1,734 13,120 34,130

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