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8311 Preston Hwy - Landmark Recovery

15,990 SF Health Care Building Offered at £6,259,600 at a 9% Net Initial Yield in Louisville, KY 40219

Executive Summary

58 bed drug and alcohol rehab facility can be sold as a sale / leaseback or sale of real estate. 100% occupied. Landmark Recovery is an experienced operator with a proven track record of success. Offers comprehensive drug and alcohol rehab services.
Prime location in Louisville. Building completely renovated.

Attachments

Offering Memorandum - 8311 Preston Hwy
Confidentiality Agreement 8311 Preston Highway

Property Facts

Price £6,259,600 Building Class C
Price Per Bed £107,924 Lot Size 2.42 AC
Sale Type Investment or Owner User Building Size 15,990 SF
Net Initial Yield 9% No. Beds 58
Sale Conditions Sale & Leaseback Number of Floors 2
Property Type Health Care Year Built/Renovated 1950/2021
Property Subtype Rehabilitation Centre Parking Ratio 0.38/1,000 SF
Price £6,259,600
Price Per Bed £107,924
Sale Type Investment or Owner User
Net Initial Yield 9%
Sale Conditions Sale & Leaseback
Property Type Health Care
Property Subtype Rehabilitation Centre
Building Class C
Lot Size 2.42 AC
Building Size 15,990 SF
No. Beds 58
Number of Floors 2
Year Built/Renovated 1950/2021
Parking Ratio 0.38/1,000 SF
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PROPERTY TAXES

Parcel Number 065104490000 Improvements Assessment £8
Land Assessment £352,095 Total Assessment £352,103

PROPERTY TAXES

Parcel Number
065104490000
Land Assessment
£352,095
Improvements Assessment
£8
Total Assessment
£352,103

zoning

Zoning Code C-1, OR-3, R-4 and R-7 (Suburban Marketplace Corridor)
C-1, OR-3, R-4 and R-7 (Suburban Marketplace Corridor)
(502) 744-9175

Contact

  • Listing ID: 31736395

  • Date on Market: 08/05/2024

  • Last Updated:

  • Address: 8311 Preston Hwy, Louisville, KY 40219

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© 2024 CoStar Group

8311 Preston Hwy - Landmark Recovery
(502) 744-9175 x

8311 Preston Hwy - Landmark Recovery

Rhonda Karageorge

(502) 744-9175

(502) 744-9175

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