For Sale
$1,595,000

111 Altmeyer Dr Kittanning, PA 16201

Established Assisted Living, High Growth Potential

Overview

Added:
Feb 3
Days on market:
82
This exceptional investment opportunity in Kittanning, PA, presents a well-established assisted living facility operating successfully since 2014. The property encompasses 11,696 square feet distributed across two buildings situated on a 2.7-acre lot. Known as Country Manor Personal Care Home, the facility offers 30 units, comprising 28 studio-like units with shared bathrooms and two units with private bathrooms. Additional features include three storage/equipment rooms for staff, a staff common area, a nursing station, an office, a fully equipped kitchen, and two resident common areas. Currently housing 26 residents, the facility has a capacity of 50, offering substantial room for expansion and increased revenue. A dedicated team of 13 employees ensures high-quality care and a supportive environment. The property's location in Kittanning, along the Allegheny River, provides a blend of small-town charm and convenient access to amenities beneficial to a residential care facility. This turnkey operation presents a compelling opportunity for investors seeking a profitable and established business in a desirable location. The property's size and existing infrastructure offer significant potential for future development and expansion to meet growing community needs.

Property Details for 111 Altmeyer Dr

Property type
Commercial real estate
Year Built
1996
Lot Size (sq. ft)
117,612 SF

Location Insight

City
Kittanning
County
Armstrong
State
Pennsylvania
Latitude
40.7636
Longitude
-79.38889

FAQs

What type of property is this?
Commercial real estate - Established Assisted Living, High Growth Potential
Where is the commercial real estate located?
The property is located at 111 Altmeyer Dr Kittanning, PA.
What is the asking price?
The asking price for this property is $1,595,000.
How can I contact the broker?
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111 Altmeyer Dr
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