3300 Lynchburg Dr - Oxton Place of Montgomery
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3300 Lynchburg Dr - Oxton Place of Montgomery
49,000 SF Health Care Building Offered For Sale in Montgomery, AL 36116
Investment Highlights
- Purpose-built, 61-unit former assisted living facility
- Excellent opportunity to re-open for assisted living services
- Significant discount to replacement cost
- Ample amenities including beauty salon, private spa, etc.
- Potential conversion to alternative uses (behavioral health, rehabilitation, etc.)
Executive Summary
SVN Senior Living Advisors is pleased to present for sale the. The Landings at Montgomery is a 61-unit, one-story, long-term care facility designed to provide Assisted Living services. The facility is situated in the southeast section of the metropolitan area, at the termination of Lynchburg Drive, west of Virginia Loop Road and south of HWY 82 in the City of Montgomery, Alabama. Montgomery had an April 2020 population of 200,603, which is down from a 2010 population of 205,764. The property is immediately adjacent to the Montgomery Health and Rehab facility, a rehab and skilled nursing facility. The immediate area contains multiple large, low-density multi-family developments, single-family neighborhoods, and a variety of commercial uses along State Hwy 82. The brick and block building was originally constructed in 1987. The property was fully renovated in 2015, including interior units and common areas such as walls, electrical, plumbing, light fixtures, appliances, and flooring, as well as the building roof and exterior. The facility is currently vacant and closed for operations.
Daniel Culps
c/o Fisher Auction Company Inc.
License: 5070
Daniel Culps
c/o Fisher Auction Company Inc.
License: 5070
Property Facts
| Sale Type | Investment | Building Size | 49,000 SF |
| Property Type | Health Care | No. Beds | 61 |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1987/2015 |
| Lot Size | 4.68 AC | Opportunity Zone |
Yes
|
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 4.68 AC |
| Building Size | 49,000 SF |
| No. Beds | 61 |
| No. Stories | 1 |
| Year Built/Renovated | 1987/2015 |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 10-08-34-4-001-036.001 | Improvements Assessment | $1,090,282 CAD |
| Land Assessment | $49,873 CAD | Total Assessment | $1,140,154 CAD |
PROPERTY TAXES
Parcel Number
10-08-34-4-001-036.001
Land Assessment
$49,873 CAD
Improvements Assessment
$1,090,282 CAD
Total Assessment
$1,140,154 CAD
zoning
| Zoning Code | R-75-S (R-75-S is a zoning designation for a medium-density residential district in Alabama.) |
| R-75-S (R-75-S is a zoning designation for a medium-density residential district in Alabama.) |
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3300 Lynchburg Dr - Oxton Place of Montgomery
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