997 W Aurora Rd | Sagamore Hills, OH 44067
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- LoopNet Team
997 W Aurora Rd
Sagamore Hills, OH 44067
Elmcroft of Sagamore Hills · Health Care Property For Sale · 50 Beds
Investment Highlights
- Currently-vacant, 103-unit assisted living and memory care community with late 90s vintage, complimented by a full suite of resident amenities.
- Institutionally maintained with ~ $1.1 million in routine maintenance and capital expenditures since January 2018.
- Community consists of four distinct room layouts including 93 studio units (small, large, deluxe) each with a private toilet room.
- Amenities include a secured interior courtyard, restaurant-style dining, ample common areas, and commercial kitchen, and laundry facilities.
- Featuring contemporary styling, the community presents warm, modern finishes, providing strong first impressions.
- Prime acquisition for a wide-range of investor profiles seeking strong construction quality in a high growth midwestern MSA - below replacement cost.
PROPERTY FACTS
| Sale Conditions | Auction Sale | No. Beds | 50 |
| Property Type | Health Care | No. Stories | 2 |
| Property Subtype | Assisted Living | Year Built | 1999 |
| Building Class | B | Tenancy | Single |
| Lot Size | 10.53 AC | Parking Ratio | 1.19/1,000 SF |
| Building Size | 69,995 SF |
| Sale Conditions | Auction Sale |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 10.53 AC |
| Building Size | 69,995 SF |
| No. Beds | 50 |
| No. Stories | 2 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 1.19/1,000 SF |
PROPERTY TAXES
| Parcel Number | 45-04675 | Improvements Assessment | $2,428,010 |
| Land Assessment | $119,735 | Total Assessment | $2,547,745 |
PROPERTY TAXES
Parcel Number
45-04675
Land Assessment
$119,735
Improvements Assessment
$2,428,010
Total Assessment
$2,547,745
zoning
| Zoning Code | R, Northfield (Convalescent Hospital) |
| R, Northfield (Convalescent Hospital) |
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