9020 Charity DrColorado Springs, CO 80920

Property Details for 9020 Charity Dr

Year built

1992

Construction

FRAME

Lot size

0.25 AC

Property size (Sq ft)

3,369 SF

Zone code

R1-6 AO

Property type

Healthcare properties

Property subtype

Assisted living facilities

APN

6235319004

APU

6235319004

Description

This exceptional assisted living facility in Colorado Springs, Colorado, presents a turnkey investment opportunity. The 3,369 square foot property, built in 1992 and situated on a 0.249-acre lot, is zoned R-1 6 AO. It boasts five private resident rooms, four with private ADA-compliant bathrooms and one semi-private bathroom. Resident safety and comfort are prioritized with features including fire suppression systems, backup water tanks, and a Generac generator. Wheelchair-accessible ramps and low-maintenance outdoor spaces enhance accessibility and enjoyment. The property is fully furnished and equipped, including a fully stocked kitchen and a nurse station with charting systems. Staff amenities are equally impressive, featuring a furnished basement lounge and dedicated live-in manager quarters. This move-in ready facility is ideally suited for operators seeking a high-quality, immediately operational property. The asking price is $849,500. This represents a rare opportunity to acquire a well-maintained and equipped assisted living facility with significant operational advantages.

• CAP approach

  CAP return

  Valuation

  6%

  $720,335

  6.5%

  $664,925

  7%

  $617,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $320,099

  Geo Method

  $320,099

• Alternative Use

  Use

  Valuation

  Residential

  $843,485

  Hospitality

  $772,628

  Educational

  $642,817

  Medical

  $664,925

  Retail

  $999,938

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.9608

Longitude

-104.756

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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