Adult Care Facility for Sale in Rhea County

Special Purpose for Sale
Catylist Listing ID: 30510476
Property Subtypes: Health Care/Medical
Building Size (RSF): 9,855 SF
Gross Building Area: See Agent
Gross Land Area: 5 Acres
Sale Price: $1,300,000
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 9,855 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2019

Overview / Comments

This 5 acre property is located on the north side of Brayton Mountain Road in Graysville, Rhea County, Tennessee. The property is an assisted living center (7,405 SF) and a single-family dwelling (1,950 SF) for an owner/operator use combined in one building. There is also a detached garage and a detached maintenance building. The living center has a full commercial grade kitchen, dining hall, community room, hair salon, large laundry room, and storage. The single-family home has 4 bedrooms, kitchen, living/dining and one bathroom. Attached to the house is a one bedroom studio apartment with bathroom, living room and a kitchenette (500 SF). The entire property is serviced by a back-up generator in case of power outages.

Quiet Oaks has been in operation since 1955. The facility has eight rooms on the first hall. Seven are double (14 patients) and the second hall has one double room and one single (3 patients).

This assisted living facility can also easily work as a nursing home, behavioral center or adult care home. The property is currently operating as a licensed ventilator home.

Additional Details

Nearest MSA: Dayton
County: Rhea
Tax ID/APN: 072100 00701
Zoning: COMMERCIAL
Property Visibility: Good
Largest Nearby Street: Brayton Mountain Road
Feet of Frontage: 515
Airports: Chattanooga Airport
Site Description: This 5 acre property is located in a quiet serene setting on Brayton Mountain in Rhea County. The facility is surrounded by large oaks and manicured grounds. With no state income tax and a relatively mild, four-season climate, the eastern section of Tennessee has become a desirable relocation and retirement destination.
Area Description: Brayton Mountain Road connects Brayton, Tennessee to Graysville, Tennessee. The area is beautiful and lush with forest and scenic views of the surrounding areas.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1954
Year Renovated: 1981
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: The building is block, stucco and brick. The grounds boast mature oaks, lush flower beds, shrubs and lots of green space.
Parking Type: Surface
Sprinklers: Wet
Heat Type: Propane
Lot Frontage: 515
Lot Depth: 663
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,717 10,503
Median Age: 35.69 39.84
Households: 649 4,090

Contact

Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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