East Valley Assisted Living Site

5019 E Valley Hwy, Sumner, WA

$995,000

Price

0.9 acres

Lot Area

1

Units

Overview
Lot Area
0.9 acres
Units
1
Zoning
NC
Floors
1
Description

Permit ready Assisted Living Site. Seller has obtained all approvals to build a 46 bed, 14,853 square foot assisted living facility. Permits are ready to be picked up at the City of Sumner. The professionally designed facility includes a mix of 32 single bedrooms and 7 double bedrooms, spacious shared bathrooms, large commercial kitchen, dining area, common area, several administrative offices and a laundry room. Seller has obtained a grant from the Washington State Department of Commerce for $2,238,000 that may be transferrable.


Excellent location in the City of Sumner. The City of Sumner is well known for its sense of community, shopping, restaurants, proximity to excellent health care facilities and a variety of other services. Difficult to obtain permits in, the City has very few existing Assisted living facilities and the demand is growing with the aging population.



Permits are ready to pick up with final permit fees paid by Buyer
Seller has spent several hundred thousand dollars on architectural plans, engineering, survey’s and studies
$2,328,000 Washington State grant was approved to Seller (may be transferrable to new Buyer)
Professionally designed facility with abundant features to attract residents
Mixture of single and double rooms
Large common and dining areas
Laundry facilities
Several administrative offices
Available guest and employee parking

Documents

Location
Gallery