For Sale
$2,750,000

Fountain Ln Kimberling City, MO 65686

60-Room Facility, 41,373 SF

Overview

Added:
Dec 11, 2024
Days on market:
132
This expansive 41,373-square-foot mixed-use property in Kimberling City, Missouri, presents a unique investment opportunity. Built in 1981 with a 2007 addition and renovations to the front dining/reception area, this former healthcare facility boasts 60 rooms, plus extensive common areas including laundry, kitchen, and dining/reception spaces. Previously leased for approximately $32,000 per month, the facility closed in December 2020 following lease expiration and the onset of the COVID-19 pandemic. Situated on a 6-acre lot (Lot 18 of Table Rock Village), the property enjoys convenient access via a county-maintained road. The northeast wing features private bathrooms in each room, while the remainder of the facility offers shared bath/shower areas. The property includes an 80 kW propane-powered generator with an automatic transfer switch. A water/sewer sharing agreement with adjacent properties is in place, covering 50% of operational expenses and maintenance. The Missouri DNR outflow permit for the hot water boiler is temporarily modified due to the boiler's functional obsolescence

Highlights

  • 1981 construction with 2007 renovations to the front dining/reception area.
  • Shared well and sewer with adjacent properties; 50/50 cost-sharing agreement included.
  • Temporary MO DNR outflow permit modification due to outdated boiler; individual HVAC units recommended.
  • 80 KW propane generator and automatic transfer switch included.
  • 30-foot-wide access easement to be drafted for north residential units.

Property Details for 0 Fountain Ln

Property type
Retirement homes, Mixed-use properties
Square Feet
41,373 SF
Year Built
1981
Lot Size (sq. ft)
261,360 SF

Location Insight

City
Kimberling City
County
Stone
State
Missouri
Latitude
36.64192
Longitude
-93.44786

FAQs

What type of property is this?
Retirement home - 60-Room Facility, 41,373 SF
Where is the retirement home located?
The property is located at Fountain Ln Kimberling City, MO.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 1981 construction with 2007 renovations to the front dining/reception area.; Shared well and sewer with adjacent properties; 50/50 cost-sharing agreement included.; Temporary MO DNR outflow permit modification due to outdated boiler; individual HVAC units recommended.
How can I contact the broker?
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0 Fountain Ln
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