4604 Lowe Rd, Louisville, KY 40220
94,710 SF Health Care Building Offered at $6,999,000 in Louisville, KY 40220
For Sale
Active
14 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 17 days
Asking Price $6,999,000
- Property Type
-
Health Care
- Square Feet
- 94,710 SF
Listing Contacts
Stephanie Gilezan
Dianna Gray
- Property Info
Property Overview
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
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 Details
- Class
- C
- Year Built/Renovated
- 1978/2011
- Stories
- 1
- Property Subtype
- Rehabilitation Center, Assisted Living, Continuing Care Retirement Community, Skilled Nursing Facility
- Lot Size (sq. ft)
- 393,782 SF
- Units
- 248
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