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316 Rhodes Pl - Rhodes Estates

23,748 SF Health Care Building Offered at £939,960 in New Castle, PA 16101

Investment Highlights

  • Incredible Financial Opportunity
  • Ample Parking
  • Beautiful grounds
  • Prime location in New Castle

Executive Summary

Welcome to this exceptional property offering a unique opportunity for value-add investors. Situated on a spacious parcel, this property boasts not one, but two distinct facilities. The first is an impeccably restored mansion spanning 8,800 square feet, currently serving as a charming 4-unit multi-family residence. This restored mansion exudes character and offers an ideal setting for residents seeking a blend of historic charm and modern amenities. Additionally, the property features a purpose-built 72-bed personal care facility. This former personal care facility presents an incredible chance to acquire a distressed sale at a price far below the reconstruction cost, making it an enticing prospect for astute investors. With beautiful grounds, ample parking, and a prime location, this property presents a myriad of possibilities.

Property Facts

Price £939,960
Price Per Bed £13,055
Sale Type Investment or Owner User
Sale Conditions Distress Sale
Property Type Health Care
Property Subtype
Assisted Living
  • Rehabilitation Centre
  • Healthcare Skilled Nursing Facility
Building Class B
Lot Size 2.49 AC
Building Size 23,748 SF
No. Beds 72
Number of Floors 2
Year Built 1982

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-197100
  • 02-160400
  • 02-307100
Land Assessment
£76,137
Improvements Assessment
£1,159,362
Total Assessment
£1,235,499

zoning

Zoning Code R2 (R2)
R2 (R2)
  • Listing ID: 28639744

  • Date on Market: 02/06/2023

  • Last Updated:

  • Address: 316 Rhodes Pl, New Castle, PA 16101

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