For Sale
$6,500,000

157 Hillside Ave Waterbury, CT 06710

Profitable 25-bed facility, fully renovated.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents the Carriage Manor Residential Care Facility, a thriving 25-bed senior living community located at 157 Hillside Ave, Waterbury, CT 06710, in New Haven County. The property boasts a Class A designation and encompasses 20,185 square feet across three stories within a single building situated on a 0.76-acre lot. Completely renovated in 2011 at a cost of $4,000,000, the facility currently operates at 100% occupancy, demonstrating a long-term stable investment potential. Key features include a full commercial kitchen, elevator access to all three floors, and a separate two-car garage with an attached three-bedroom apartment. Its convenient location between Hartford and Danbury ensures accessibility for residents and staff. The asking price for this turnkey business and real estate package is $6,500,000. This represents a rare opportunity to acquire a high-performing senior care facility with a proven track record of success and strong historical occupancy levels (99.9%). Detailed financial information is available upon request.

Highlights

  • Exceptional business and real estate investment opportunity.
  • Long-term lease provides stable income stream.
  • Demonstrates nearly perfect occupancy history (99.9%).
  • Detailed financial information available upon request.

Property Details for 157 Hillside Ave

Property type
Specialty properties, Retirement homes
Square Feet
20,185 SF
Class
A
Year Renovated
2011
Buildings
1
Stories
3
Lot Size (sq. ft)
33,106 SF
Units
25

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.561472337792
Longitude
-73.046031217467

FAQs

What type of property is this?
Specialty property - Profitable 25-bed facility, fully renovated.
Where is the specialty property located?
The property is located at 157 Hillside Ave Waterbury, CT.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Exceptional business and real estate investment opportunity.; Long-term lease provides stable income stream.; Demonstrates nearly perfect occupancy history (99.9%).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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157 Hillside Ave
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