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4280 U.S. 29
Tuskegee, AL 36083
Asking Price
$2.60M
Asset Type
Senior-living
Class
Class B
What's Special
Unzoned allowing for versatile redevelopment possibilities <ul><li>113 +/- acres located in Tuskegee, AL</li><li>51,080 SF of usable space over 2 stories including 41 beds</li><li>Unzoned allowing for versatile redevelopment possibilities</li><li>All city utilities including electric, sewer, water, and gas</li><li>Paved road access with 27 parking spaces</li><li>Access lighting ensures ease of entry and security</li><li>Built in 1969 using durable concrete block construction</li><li>Owner Financing is Available.</li></ul>
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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577