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4604 Lowe Rd - Regis Woods Care & Rehab Center

94,710 SF Health Care Building Offered at £5,476,368 in Louisville, KY 40220

Executive Summary

Prime value-add opportunity conveniently located within a 10-minute drive to three major medical centers, offers 91,383 SF across 9.03 acres.
Once a vibrant nursing home community, Regis Woods was originally licensed for 186 skilled nursing beds. The winged layout of the building allows for multiple service units. The previous operation offered Traditional Long-term Care, Transitional Care, and a Memory Care unit. The building has the physical capacity to run 248 beds. The single-story building includes many amenities: 3 dining rooms, 2 kitchens, salon, walk out court yards, physical therapy gym, and a recently added ‘Dialysis Den’.
Priced Well Below Replacement Cost.
- Price Per Square Foot (91,383): $76.59
- Price per Acre (9.033): $774,826
- Price per Patient Room (134): $52,231
- Price per Max Bed Capacity (248): $28,222

Property Facts

Price £5,476,368
Price Per Bed £22,082
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype
Rehabilitation Centre
  • Healthcare Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 9.04 AC
Building Size 94,710 SF
No. Beds 248
Number of Floors 1
Year Built/Renovated 1978/2011
Parking Ratio 1.34/1,000 SF

Amenities

  • Wheelchair Accessible

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003703190000
Land Assessment
£1,236,920
Improvements Assessment
£665,216
Total Assessment
£1,902,136

zoning

Zoning Code R4 (R-4 - Residential Single Family District)
R4 (R-4 - Residential Single Family District)
  • Listing ID: 31001771

  • Date on Market: 20/02/2024

  • Last Updated:

  • Address: 4604 Lowe Rd, Louisville, KY 40220

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