This 7,440 square foot, single-story Class B senior living facility in Montgomery, Alabama, presents a compelling value-add investment opportunity. Built in 1994, the property boasts 16 beds and is situated on approximately 3.2 acres. Its recent closure (within the past four months) offers a blank canvas for redevelopment or repurposing. The property's prime location adjacent to major retailers like Publix, Starbucks, and several restaurants ensures high visibility and accessibility. Its proximity to established neighborhoods such as Dalraida, Johnstown, Forest Hills, College Grove, Bellehurst, and Fox Hollow, further enhances its appeal. The strategic location off Atlanta Highway, with approximately 33,294 daily traffic counts, provides excellent exposure. Furthermore, its proximity to Gunter Annex (1.7 miles), I-85 (2.6 miles), Downtown Montgomery (3.8 miles), and Maxwell Air Force Base (6.3 miles) – serving 25,000 active duty personnel, contractors, and retirees, and with the Air Force University attracting over 20,000 students annually – presents a significant potential market. The property is zoned R-100. The asking price is $375,000, translating to $50.40 per square foot. This presents a unique chance to capitalize on a well-located property in a growing market.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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