816 W Kiowa St
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816 W Kiowa St
4,782 SF Health Care Building Offered at $1,100,000 in Colorado Springs, CO 80905
Investment Highlights
- Ownership received $1mm grant, that will be transferred, for capital improvements
- Purchase price include business transfer as well
- Best in Business 2022 Ranking
Executive Summary
At BeeWell Assisted Living (16 bed assisted living facility for the mentally ill), they understand the unique needs of individuals facing mental health challenges. Their assisted living facility is not just a place to reside; it's a haven of empathy, support, and personalized care designed specifically for those navigating mental
health journeys. Their vision is to improve the quality of life for their residents through the delivery of excellent service, assistance, and compassionate care. That begins with every individual they encounter: their employees, those they care for, and those who care for them.
Together, they create an atmosphere where they build strong, lasting relationships and a sense of community. This is a great opportunity for an owner/operator with prior experience in the healthcare space looking to grow their existing portfolio.
health journeys. Their vision is to improve the quality of life for their residents through the delivery of excellent service, assistance, and compassionate care. That begins with every individual they encounter: their employees, those they care for, and those who care for them.
Together, they create an atmosphere where they build strong, lasting relationships and a sense of community. This is a great opportunity for an owner/operator with prior experience in the healthcare space looking to grow their existing portfolio.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$574,100
|
$120.05
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$574,100
|
$120.05
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$439,300
|
$91.87
|
| Net Operating Income |
$134,800
|
$28.19
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $574,100 |
| Annual Per SF | $120.05 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $574,100 |
| Annual Per SF | $120.05 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $439,300 |
| Annual Per SF | $91.87 |
| Net Operating Income | |
|---|---|
| Annual | $134,800 |
| Annual Per SF | $28.19 |
Property Facts
Amenities
- Smoke Detector
Room Mix Information
| Description | No. Beds |
|---|---|
| - | 16 |
1 of 1
Walk Score ®
Very Walkable (76)
zoning
| Zoning Code | R2 UV (R2 UV) |
| R2 UV (R2 UV) |
-
Charlie Cummings -
Innovate Commercial Real Estate LLC
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816 W Kiowa St
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