831 Landon Dr

Cushman & Wakefield’s Healthcare Advisory Practice is pleased to present the opportunity to acquire this facility located at 831 Landon Drive in Bullhead City, AZ (“Bullhead”) just 1.5 hours southeast of Las Vegas, NV, and 3.5 hours northwest of Phoenix, AZ.. This 24-bed psychiatric residential treatment center (PRTF), formerly treating dual-diagnosis patients, offers a unique investment in a proven healthcare facility. The property is currently vacant, providing immediate availability for a new operator. Importantly, the necessary licenses and entitlements to operate a residential treatment facility have been obtained previously and can easily be reinstated, allowing a new operator to swiftly begin operations.
During its previous operation, the facility was cash flowing and consistently operated at near-capacity and attracted patients from a radius exceeding 100 miles, demonstrating strong demand and operational success. The state-licensed and CMS-approved property is equipped with top-of-the-line, anti-ligature FF&E, ensuring a high standard of care and compliance.
Nestled along the tailwaters of the Colorado River, Bullhead City serves as an oasis for the approximately 160,000 residents in the surrounding area. Despite the presence of four major hospitals in the region, none currently provide psychiatric services within their emergency departments. In addition, there is a neighboring retirement community and an unmet need for geriatric psychiatric care in this community.
With abundant excess land to expand or develop new facilities on the over 3.5 acre site, this facility offers an exceptional opportunity to address the region’s growing behavioral healthcare needs.