Value Add Care Facility - Louisville KY

4604 Lowe Rd, Louisville, KY

$6,999,000

Price

91,383 sqft

Building Size

9.03 acres

Lot Area

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Street
Map
Overview
Building Size
91,383 sqft
Lot Area
9.03 acres
Year Built
1978
Floors
1
Parking Spots
127
Description

Prime value-add opportunity conveniently located within a 10-minute drive to three major medical centers, offers 91,383 SF across 9.03 acres.

Once a vibrant nursing home community, Regis Woods was originally licensed for 186 skilled nursing beds. The winged layout of the building allows for multiple service units. The previous operation offered Traditional Long-term Care, Transitional Care, and a Memory Care unit. The building has the physical capacity to run 248 beds. The single-story building includes many amenities: 3 dining rooms, 2 kitchens, salon, walk out court yards, physical therapy gym, and a recently added ‘Dialysis Den’.

Priced Well Below Replacement Cost.
- Price Per Square Foot (91,383): $76.59
- Price per Acre (9.033): $774,826
- Price per Patient Room (134): $52,231
- Price per Max Bed Capacity (248): $28,222

Easy access to I64 & Hwy 264.

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