VACANT 20 Unit Facility | Appleton, WI

200 Valley Road, Appleton, WI

   SOLD!   

$1,000,000

Price

7,942 sqft

Building Size

33,043 sqft

Lot Area

Overview
Building Size
7,942 sqft
Lot Area
33,043 sqft
Year Built
1996
Price Per Sqft
$125.91
Price Per Unit
$50,000
Description

200 W. Valley Rd. is a VACANT 20 unit facility located in Appleton, WI just off Hwy 441 (Oneida St. exit). The owners of the facility successfully operated the facility as a licensed Community Based Residential Facility (CBRF) for Each of the facilities 20 cozy, studio apartments have their own private half bathroom. The facility also has two large private walk-in showering rooms - one on each wing of the community.

The facility is shaped like a horseshoe with coded entrances and exits to protect future residents from wandering outside unattended. It also has a lovely dining & activity room and homey living room with a fireplace. The dining room boasts large glass doors allowing a view of our interior courtyard. The courtyard has beautiful trees and is full of plants and color in the spring, summer and fall. A large patio offers sunshine and gardening opportunities.

Although the facility is unoccupied, the owners have continued to meticulously maintain the property and have it routinely inspected accordingly to DHS 83's guidelines. Recently, a double fire door, smoke partitions and smoke seals on all unit doors were added to ensure a smooth re-licensing process for the new buyer/operator.

This property provides potential buyers with an opportunity to acquire an asset that is ready to re-open as a successful CBRF community, or repurpose as a different multi-family venture. It may be an excellent expansion opportunity for an existing provider. It may also be a great stand-alone investment property that a buyer can lease out to a CBRF operator on a NNN lease, or professional senior living management company.

The property is being offered at a price of $1,000,000.

Documents
Title
200WValleyRD_OfferingMemo_September2022.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery