Former Skilled Nursing Facility

Description:

Ri Marketplace Online Auction December 8th-10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2862/former-skilled-nursing-facility?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=seniorhousing_2862

JLL is pleased to exclusively offer for sale 31155 Dequindre Rd, a former skilled nursing facility located in Madison Heights, Michigan. The property consists of approximately 40,159 square feet of gross building area situated on 2.01 acres and was originally constructed in 1970. It features 154 beds across 80 resident rooms, each equipped with a private bathroom, and includes 72 free surface parking spaces. Offered free and clear of any existing debt, encumbrances, or operating agreements, this asset provides a clean transaction and maximum operational flexibility for the new owner.

Zoned R-MF Residential Multi-Family, the property presents a rare redevelopment opportunity for multi-family residential or adjacent medical uses, offering multiple investment exit strategies. Recent capital improvements include a TPO roof replaced in 2016 with a warranty through 2036 and full modernization of the elevators in 2017. The facility is equipped with two hydraulic passenger elevators, individual packaged HVAC units for resident rooms, rooftop units for common areas, a 120/240-volt, 2000-amp, three-phase power system, and a 130-kW natural gas emergency generator.

Strategically located just minutes from I-75, I-696, and major commercial corridors, the property benefits from strong visibility and accessibility, with a traffic count exceeding 32,000 vehicles per day. Offered below replacement cost, this asset presents a compelling value-add opportunity through targeted renovations to modernize the facility and unlock its full potential.


Jerry Helmer
c/o Fisher Auction Company Inc.
License: 6504064915
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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