This exceptional value-add investment opportunity presents a 8,016 square foot, Class B senior living facility situated on approximately 3.2 acres in Montgomery, Alabama. Built in 2003, the property consists of one building with 16 beds and is zoned R-100. Formerly part of a larger memory care campus, this facility is in excellent condition, having recently ceased operations within the past four months. Its prime location offers exceptional visibility and accessibility, adjacent to major retailers such as Publix, Starbucks, and NAPA Auto Parts, as well as several restaurants. The property benefits from its proximity to established neighborhoods including Dalraida, Johnstown, Forest Hills, College Grove, Bellehurst, and Fox Hollow. High traffic counts on Atlanta Highway (approximately 33,294 vehicles) further enhance its desirability. Strategic location advantages include proximity to Gunter Annex (approximately 1.7 miles), I-85 (approximately 2.6 miles), Downtown Montgomery (approximately 3.8 miles), and Maxwell Air Force Base (approximately 6.3 miles), serving a substantial population of active duty personnel, contractors, and retirees, as well as over 20,000 Air Force University students annually. The asking price is $375,000, translating to $46.78 per square foot. This presents a compelling opportunity for investors seeking a strong value-add project in a high-demand market. The property's size, condition, and location offer significant potential for redevelopment or repositioning within the thriving Montgomery market.
Highlights
$375,000 asking price for a value-add opportunity.
8,016 square foot, Class B senior living facility on approximately 3.2 acres.
16-bed building, built in 2003, with R-100 zoning.
Excellent location near major retailers and established neighborhoods in Montgomery, Alabama.
High traffic count location, close proximity to Gunter Annex, I-85, and Maxwell Air Force Base.
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