4965 BRUNSWICK RD $860,000

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    4965 BRUNSWICK RD Bartlett, TN 38002

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 10165521
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    Views: 3 Days On Site: 81

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    Property Details

    Projected 2024 national avg. assisted living cost: $5,665/month; varies by location. Our 8-Bed Home for the Aged Assisted Living Center offers a cost-effective alternative to nursing homes. Avg cost per bed: $4,500-$5K, lower than nursing homes $9K. Potential ADDED VALUE to expand to 18 beds with the installation of a sprinkler system. Expenses -$8k Monthly. Current projected monthly revenue: $40K = 8 beds; $90K for 18 beds w/rent & inflation increase + Respite Care + Senior Daycare=$200 Day

    • General Features
      • Type Converted House
      • Type of Units 3 BR - 1+ Baths, 4 or More Bedrooms, Efficiency/Studio, Partially Furnished
      • Tenant Pays Other (Call LA)
      • Sale Includes Building and Land, Some Appliances, Some Furnishing
      • Type Of Leases None
      • Area 853A
      • County Shelby
      • Year Built 1989
    • Building Features
      • Amenities Balcony/Patio, Security System
      • Appliances Equipment Refrigerator, Disposal, Dishwasher, Exhaust Fan/Vent Hood, Smoke Detector(s), Other (See REMARKS)
      • Construction Brick, Vinyl Siding
      • Cooling Systems 220 Wiring, Central
      • Floors Ceilings Hardwood Throughout, Tile
      • Foundation Slab
      • Heating Systems Central
      • Hot Water Electrical, Public Sewer, Public Water
      • Laundry Common Laundry
      • Miscellaneous Exterior Highway Frontage, Some Landscaping
      • # 1 Bedroom Units 10
      • # 2 Bedroom Units 2
      • # 3 Bedroom Units 0
      • # Efficiency Studio Units 3
      • # of Buildings 2
      • # of Stories 2
      • Roof Composition
      • Total # of Units 2
    • Property Features
      • Lot Size 375.28 X 292.21 IRR
      • Parking Facility Asphalt/Blacktop, Attached, Concrete, Detached, Gravel

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $860,000
    4/17/2024 7:16:30 AM Price Reduced Source: Multiple Listing Service New Value: $860,000 -1.71%
    3/30/2024 12:16:21 PM Price Reduced Source: Multiple Listing Service New Value: $875,000 -2.67%
    2/8/2024 12:17:00 PM New in Database Source: Multiple Listing Service New Value: $899,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.