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40 Bed ALF (Adult Care Home) NC

ALF/ADULT CARE HOME Configured for 40 beds (20 units).
BRING ALL OFFERS. FINANCING AVAILABLE TO QUALIFIED BUYER! Unique opportunity. This 9,099 building, constructed in 1961 and located on approximately 1.2 acres, has undergone renovation including new roof, three new HVACs, new paint inside and out and other interior projects. This 1961 single story building features two residential wings in an L-Shaped setting. Kitchen, dining hall, lounge, lobby and office serve the building. There may be room for expansion/new construction on site. Operations supplied by the owner indicate that this business has had good occupancy and revenue streams in the past. Currently, the NC ADULT CARE HOME license for this facility is suspended. Since that time, building concerns have been addresses and the building is ready to re-admit residents. Sale is contingent upon license reinstatement. Building and land may be used for a complimentary use; the license to operate the beds may possibly be moved to another part of the county through a process established by the State of North Carolina.

Location Description:
North of downtown Charlotte, NC off I-77 before the point it intersects with I-85. Charlotte, NC is the largest city in the Carolinas and virtually straddles the state NC/SC state line. This property can be reached from downtown Charlotte, which has undergone a dramatic resurgence, in less than 15 minutes. Charlotte is home to two universities, a major international airport and has access to major traffic corridors.