407 Foulk Rd - Foulk Manor South
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407 Foulk Rd - Foulk Manor South
76,000 SF Health Care Building Offered For Sale in Wilmington, DE 19803
Investment Highlights
- NC 6.5 (Neighborhood Conservation) zoning which allows for many different housing and medical care service uses
- Philadelphia International Airport is within a 20-minute drive
- Direct access to Concord Pike, Route 202 and Interstate 95 (I-95)
- 10 minutes from downtown Wilmington and 15 minutes from Philadelphia
- Institutionally owned, operated and maintained property in good condition
Executive Summary
Newmark (NMRK), as exclusive representative, is pleased to present the opportunity to acquire 407 Foulk Road, a former assisted living and memory care facility in Wilmington, Delaware.
The property sits just 10 minutes from downtown Wilmington and includes a total of 108 units, comprised of 62 Assisted Living (AL) units and 46 Memory Care (MC) units on 3.99 acres. The property has been institutionally owned and operated for over a decade and as a result, the building is in good condition
The property sits just 10 minutes from downtown Wilmington and includes a total of 108 units, comprised of 62 Assisted Living (AL) units and 46 Memory Care (MC) units on 3.99 acres. The property has been institutionally owned and operated for over a decade and as a result, the building is in good condition
Property Facts
| Sale Type | Investment or Owner User | Building Size | 76,000 SF |
| Property Type | Health Care | No. Beds | 102 |
| Property Subtype | Assisted Living | Number of Floors | 2 |
| Building Class | B | Year Built | 1965 |
| Lot Size | 3.99 AC | Parking Ratio | 0.68/1,000 SF |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 3.99 AC |
| Building Size | 76,000 SF |
| No. Beds | 102 |
| Number of Floors | 2 |
| Year Built | 1965 |
| Parking Ratio | 0.68/1,000 SF |
PROPERTY TAXES
| Parcel Number | 06-111.00-030 | Improvements Assessment | £1,595,425 |
| Land Assessment | £272,275 | Total Assessment | £1,867,700 |
PROPERTY TAXES
Parcel Number
06-111.00-030
Land Assessment
£272,275
Improvements Assessment
£1,595,425
Total Assessment
£1,867,700
zoning
| Zoning Code | NC6.5 |
| NC6.5 |
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407 Foulk Rd - Foulk Manor South
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