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181 Clifton St

46,477 SF Health Care Building Offered at £7,900,099 at a 4.80% Net Initial Yield in New Haven, CT 06513

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 £7,900,099
Price Per Bed £39,500
Sale Type Investment or Owner User
Net Initial Yield 4.80%
Property Type Health Care
Property Subtype Skilled Nursing Facility
Building Class B
Lot Size 1.80 AC
Building Size 46,477 SF
No. Beds 200
Number of Floors 3
Year Built/Renovated 1958/2013
Parking Ratio 1.06/1,000 SF

Room Mix Information

Description No. Beds
- 0

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NHVN-000096-001024-000400
Land Assessment
£661,230
Improvements Assessment
£877,290
Total Assessment
£1,538,521

zoning

Zoning Code RM1 (Residential - MultiFamily)
RM1 (Residential - MultiFamily)
  • Listing ID: 28465209

  • Date on Market: 11/05/2023

  • Last Updated:

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

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