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1907 South Dr

30,404 SF Health Care Building Offered at $2,134,860 CAD in Natchitoches, LA 71457

Investment Highlights

  • The rear building with 8,074+/- square feet has 8 resident rooms, large common area, laundry room, shared kitchen, common restrooms and offices.
  • Finishes in both building - floors are carpet and tile, walls are painted sheetrock, ceilings are sheetrock with blown acoustical finish.

Executive Summary

A former assisted living facility located in Natchitoches, LA, in NW Louisiana, the property contains two buildings—a 22,330+/—SF facility and an 8,074+/—SF facility—for a total of 30,404+/—square feet. An enclosed corridor connects the two buildings. The buildings are approximately 27 years old. The site contains 5+ acres.
The front building, with 22,330+/—square feet, has 27 assisted living apartments (a mix of one- and two-room units), each with a private bathroom, kitchen, and its own HVAC units. Common areas include a kitchen, dining room, offices, day room, living room, hair salon, various storage, and common restrooms in addition to the restrooms in the apartments. The common areas have central air and heat, and the building is fully sprinklered.
The rear building, with 8,074+/—square feet, has 8 resident rooms, each with a private restroom, a small kitchenette (for microwave and small refrigerator), and a large common area with common restrooms, a laundry room, and an office. Central air and heat.
The finishes in both buildings are carpet and tile, walls are painted sheetrock, and ceilings are sheetrock with a blown acoustical finish.

Property Facts

Price $2,134,860 CAD
Price Per Bed $2,134,860 CAD
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 3.87 AC
Building Size 30,404 SF
No. Beds 1
No. Stories 2
Year Built 1997
Parking Ratio 1.38/1,000 SF
Opportunity Zone Yes
Parcel Number 8011016730B
  • Listing ID: 30396761

  • Date on Market: 2023-12-18

  • Last Updated:

  • Address: 1907 South Dr, Natchitoches, LA 71457

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