For Sale
$3,300,000

98 Foundry StPunxsutawney, PA 15767

Prime PA Senior Living Facility: $3.3M Asking Price

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 44-unit senior living facility, located at 98 Foundry St, Punxsutawney, PA 15767, presents a compelling investment opportunity. Built in 2018, this single-story, 1-building complex sits on a 1.21-acre lot and is zoned for commercial use. Currently operating at 62% occupancy with an occupancy date of November 4, 2024, the property offers significant potential for growth. The facility boasts a range of amenities designed to enhance the quality of life for residents, including private rooms with en-suite bathrooms, a vibrant social calendar, and delicious, home-cooked meals tailored to individual dietary needs. State-of-the-art security systems, including individual wandering code alerts and emergency alarms in each bedroom, ensure resident safety and peace of mind. The property's strategic location within a growing community, coupled with its modern facilities and experienced staff, creates a stable revenue stream and a strong foundation for future success. This turnkey business is ideally suited for an investor seeking a high-return opportunity in the thriving senior care market. The property's comprehensive care services include 24/7 licensed nurse supervision, physical and occupational therapy, home health services, hospice care, respite care, and specialized care for individuals with mild dementia. The facility also offers both private and double rooms. This is a rare opportunity to acquire a well-established and highly sought-after senior living community.

Highlights

  • 44-unit senior living facility in Punxsutawney, PA, built in 2018.
  • Currently operating at 62% occupancy, with potential for growth.
  • Prime location in a growing community with strong demand for senior care.
  • Modern amenities including private rooms with en-suite bathrooms.
  • Experienced staff providing comprehensive care services, including 24/7 licensed nurse supervision.

Property Details for 98 Foundry St

Property type
Specialty properties, Schools
Year Built
2018
Buildings
1
Stories
1
Lot Size (sq. ft)
52,708 SF
Units
44

Location Insight

City
Punxsutawney
County
Jefferson
State
Pennsylvania
Latitude
40.9427443459
Longitude
-78.988521163311
98 Foundry St, Punxsutawney, Pennsylvania

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98 Foundry St
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