For Sale
$1,250,000

218 Mill RdWoodstock, VA 22664

16-unit assisted living facility, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8,608 square foot multifamily property presents a unique investment opportunity in Woodstock, Virginia. Located on a 1.4-acre lot at 218 Mill Rd, 22664, this former assisted living center boasts 16 large bedrooms and 11+ bathrooms, offering ample space for various uses. Originally designed as an assisted living facility, the property features multiple spacious common areas and well-designed living spaces, making it ideal for a senior living community, treatment facility, shelter, or rehabilitation center. Its strategic location in the Shenandoah Valley, just off Interstate I-81, provides easy access to healthcare facilities, shopping, and recreational amenities. The property is zoned C and was built in 1988. All furniture, furnishings, and equipment are included in the sale price of $1,250,000 ($145.21/sq ft, $78,125/unit). The property's thoughtful layout and existing infrastructure offer significant potential for expansion or the addition of complementary services. This turnkey facility represents a compelling investment opportunity in a desirable location.

Highlights

  • $1,250,000 asking price for a 16-unit multifamily property in Woodstock, VA.
  • 8,608 square feet on a 1.4-acre lot, built in 1988.
  • $145.21 per square foot and $78,125 per unit.
  • Located in the Shenandoah Valley, off I-81, with easy access to healthcare, shopping, and recreation.
  • Formerly an assisted living facility, suitable for senior living, treatment, or similar uses; all furniture, furnishings, and equipment included.
  • Zoned C.

Property Details for 218 Mill Rd

Property type
Retirement homes, Office properties
Square Feet
8,608 SF
Year Built
1988
Lot Size (sq. ft)
60,984 SF
Units
16

Location Insight

City
Woodstock
County
Shenandoah
State
Virginia
Latitude
38.887578381772
Longitude
-78.498171976143
218 Mill Rd, Woodstock, Virginia

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218 Mill Rd
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