1234 Main StKansas City, MO 64105

For Sale
$1,100,000

27-bed AL facility, turnkey operation.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 27-bed assisted living facility presents a unique investment opportunity in the Kansas City, Missouri area. Located on a 0.6-acre lot at 1234 Main St, Kansas City, MO 64105, this single-story, 8,880 square foot building boasts 21 units and was originally constructed in 1986, undergoing renovations in 2008. The property is zoned for commercial use and enjoys a highly desirable location just off I-70, providing excellent visibility and accessibility. The facility benefits from a brand new roof installed in 2023, along with several other recent upgrades. Currently operating as a fully staffed, turnkey operation with an executive director in place, this assisted living community offers significant potential for increased revenue due to current monthly rents being considerably below market rates (approximately $2,420 average). Market analysis indicates a strong demand for additional assisted living beds in the immediate area. The property's proximity to a large medical center (half a mile away) and Kansas City Airport further enhances its appeal. The facility's backyard and terrace adjoin a town park, creating a pleasant and community-oriented atmosphere. This is a rare opportunity to acquire a well-established, profitable senior living facility with substantial upside potential. The asking price is $1,100,000.

Highlights

  • Fully staffed, turnkey investment opportunity with an Executive Director already in place.
  • Excellent location just outside Kansas City, with convenient I-70 highway access.
  • Features a brand-new 2023 roof and numerous recent upgrades.
  • Below-market rents offer significant potential for rental income growth.
  • Strong market demand for additional assisted living (AL) beds, per NIC Map/Vision data.

Property Details for 1234 Main St

Property type
Retirement homes, Senior housing facilities
Square Feet
8,880 SF
Year Built/Renovated
1986/2008
Buildings
1
Stories
1
Lot Size (sq. ft)
26,136 SF
Units
21

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
39.0988508
Longitude
-94.5838068
1234 Main St, Kansas City, Missouri

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1234 Main St
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