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181 Clifton St 46,477 sq ft Health Care Building Offered at £7,409,299 at a 4.80% Net Initial Yield in New Haven, CT 06513

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INVESTMENT HIGHLIGHTS

  • You can't build a nursing home for anywhere near the Asking Price

EXECUTIVE SUMMARY

BUSINESS NOT INCLUDED - Existing business to be relocated to new facility to be built. Owners looking to do a sale leaseback until the new facility is completed. Buyer can use or develop the property at that time. Ideal for non-profit rehab center or adult care facility. Would cost 3 to 4 times the asking price to replace this facility. Many options for this HC accessible medical facility. Ideal for non-profit with subsidized programs

PROPERTY FACTS

Price £7,409,299
Price Per Bed £37,046
Sale Type Investment or Owner Occupier
Yield 4.80%
Property Type Health Care
Property Subtype Nursing Home
Costar Property Class B
Total Plot Size 1.80 ac
Property Size 46,477 sq ft
No. Beds 200
No. Floors 3
Year Built/Renovated 1958/2013
Parking Allocation 1.06/1,000 sq ft
Use Class RM1 - Residential - MultiFamily

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
- 0

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NHVN-000096-001024-000400
Land Assessment
£620,151
Improvements Assessment
£822,788
Total Assessment
£1,442,939
  • Listing ID: 28465209

  • Date on Market: 11/05/2023

  • Last Updated:

  • Address: 181 Clifton St, New Haven, CT 06513

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