4965 BRUNSWICK RD, Bartlett, TN, 38002, US
$860,000
Active
Specification
| Type | Converted House |
| MLS # | 10165521 |
| Total floors | 2 |
| Heating | Central |
| Parking | Asphalt/Blacktop |
| Publication date | Apr 30, 2024 |
| Lot size | 375.28 acres |
| Living Area | 6330 sqft |
| Subdivision | BRUNSWICK |
| Year built | 1989 |
Updated: Apr 28, 2024
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
Valuation
| Gross Rental Income | $235,000 |
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 +… Read more
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