New Haven Assisted Living Facility – Marion, KY
NEW HAVEN ASSISTED LIVING FACILITY OF MARION, KY
EXCELLENT CASH FLOWING ESTABLISHED BUSINESS!
IMPORTANT NOTE: A NEW OWNER/OPERATOR OF THIS BELOVED FACILITY WILL BE
DECIDED BY PUBLIC AUCTION. THIS IS THE ONLY ASSISTED LIVING FACILITY IN THE
AREA WHICH MAKES THIS AN EXCITING AS WELL AS EXCLUSIVE OPPORTUNITY! OWNER IS
SELLING DUE TO DECLINING HEALTH. ANY PERSON/S INTERESTED IN
OWNING & OPERATING THIS WELL-ESTABLISHED & PROFITABLE FACILITY IS ENCOURAGED
TO CONTACT AUCTION COMPANY FOR DETAILS. ALL RENT MONIES/CONTRACTS WILL
BE TRANSFERRED TO NEW OWNER AT CLOSING ON A PRO-RATED BASIS.
ATTENTION: GO TO PHOTO GALLERY FOR IMAGES. NOT ALL INTERIOR BEDROOMS
HAVE BEEN PHOTOGRAPHED DUE TO CONSIDERATION GIVEN TO CURRENT RESIDENTS’ PRIVACY.
RESIDENTS MAY BE RESTING THROUGHOUT THE DAY SO PLEASE CONTACT AUCTION COMPANY
TO SCHEDULE SHOWINGS AT A SUITABLE TIME, PREFERABLY DURING LUNCH, DINNER,
OR ON DAY OF AUCTION FROM THE HOURS OF 8:00 – 9:30 A.M. WITH
AUCTION STARTING AT 10:00 A.M.
OUTSTANDING BUSINESS/INCOME OPPORTUNITY! PROVEN TRACK RECORD!
PROPERTY & ONGOING BUSINESS WILL SELL TO THE HIGHEST BIDDER!
To view subject property go to: https://youtu.be/MREiTCL-jKA
When: Saturday, June 1st, 2019 @ 10 A.M.
Address: New Haven of Marion, KY – 60 Nichols Ave. Marion, Ky. 42064
Where: Auction will be held off-site approximately ¼ mile from New Haven subject property @ The Marion Country Club Golf Course clubhouse located @ 651 Blackburn St. Marion, Ky. 42064.
Directions to New Haven: From the Crittenden County Courthouse in downtown Marion, Ky. Head south on S. Main St.+/- 0.3 miles turning right on US Hwy 60/West Gum St. Continue +/- 0.1 mile turning left onto Moore Ave. Proceed +/- 0.3 miles arriving at property on right on the corner of Nichols Ave. & Moore Ave. Signs posted.
Directions to Marion Country Club Golf Course from New Haven: From New Haven take Moore Ave. back to US Hwy 60/West gum St. Turn left onto US Hwy 60/West Gum St. and continue +/- 0.2 miles turning left onto S. Blackburn St. Proceed +/- 0.2 miles to end of S Blackburn St. Turn right continuing +/- 300 feet arriving at Marion Country Club Golf Course on right.
New Haven of Marion Overview:
Consider this outstanding business opportunity affectionately known as New Haven of Marion. Centrally located in downtown Marion this facility has been providing special care to its residents for many years now. Assisted living facilities are on the rise and are dramatically increasing in numbers yearly. This business opportunity is very attractive since it is the only one in this community and surrounding areas. Located on a corner lot & complete w/11 efficiency apartments/shared suites with full baths, community living & dining areas, full kitchen, laundry facilities, a beauty salon & more!
Exterior amenities include brick w/vinyl siding in the gables, attractive dimensional shingles, hip & gable roofline architecture consisting of engineered trusses, engineered floor system consisting of truss joists, attached gutter system, abundant double-hung CertainTeed windows w/grids & insulated glass, decorative shutters, well-manicured mature landscaping w/pea gravel, & much more!
Interior amenities includes cathedral ceilings, 8’ ceilings, recessed lighting, plenty of storage closets throughout, wide windows & door moldings, chair rails, crown molding, fire alarm pull stations throughout, exterior alarms, fire suppression/sprinkler system, phone, TV, internet availability, emergency lighting w/Exit signs, smoke alarms, & security cameras.
The food permit, fire alarm & sprinkler permits are current and in good standing. This attractive facility was custom-built by Beehive Homes out of Franklin, KY w/the blueprint designed by Medical Design Group of Boise, ID. This property was engineered & designed specifically for an assisted living facility.
Building Size: Building consists of +/-5,626 total square feet under roof with +/-4,898 square feet of living space minus the covered porch and the covered drop-off area. Main Entrance: hardwood flooring. Community Family/Living Room: +/- 27’6” x +/- 32’4” w/carpeted flooring, cathedral ceiling, recessed lighting, skylights, chandelier lights, large windows, wallpaper, ample seating, TV, & home decor. Office: +/- 11’4” x +/- 7’4” w/carpeted flooring, large window, desk, chair, filing cabinets, phone, internet. Kitchen: +/- 11’11” x +/- 19’0” w/linoleum flooring, abundance of oak cabinets, double sink, electric stove, two refrigerators, microwave, & serving window to family room. Dining Area: +/- 15’5” x +/- 16’1” w/hardwood flooring, large windows, chandelier lighting, seating, & a French double-door unit that leads to the outside covered porch area for sitting. Beauty Salon: +/- 10’3” x +/- 9’2” w/shampoo station, walk-in shower, separate bath tub, & toilet. Utility/Laundry Room: +/- 7’6” x +/- 12’0” w/overhead cabinets, folding station/table w/sink, washer & dryer, & wire shelving for hanging clothes. Large Storage/Pantry Room: +/- 9’4” x +/- 10’3” w/plenty of shelving.
Apartments 1-11: Out of courtesy & respect to current residents’ privacy, not all units were entered during prep work. The following is a summary of all 11 units: although some units can vary slightly, most are between +/- 11’3” x +/- 13’4” in size and are similar in design & layout. Some units have shared access with door access connecting rooms. All units have full functioning bathrooms with walk-in showers w/grab bars, vanity with sink & mirror, toilet, & clothes hanging area w/overhead storage.
Utilities: Utilities include Marion water, KU power, and city sewer, fiber optics, 3–200 Amp electrical service panels with room for expansion, central heating & air units split systems (2), 2 electric water heaters one 66 gallon & one 50 gallon.
Terms of Auction
Real Estate: 15% good faith deposit due day of sale. Balance due in 45 days. 10% buyer premium added to final bid and included in the total contract price. Showings are by appointment only or between the hours of 8:00 A.M.- 9:30 A.M. on day of auction.
Procedure: Initial procedure determined by auctioneer.
Title: Fee Simple Absolute title delivered.
Deed: Seller will provide a General Warranty Deed.
Purchase Agreement: Successful bidder/s will enter into a purchase agreement contract immediately upon conclusion of the auction.
Possession: Possession given at closing.
Restrictions: Any recorded restrictions (if any) and zoning regulations apply.
Easements: Sale of property is subject to any and all easements of record.
Absence of Warranties & Disclaimers: All information contained herein and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, no warranty or representation either expressed or implied concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own inspections, verifications, investigations, inquiries, and due diligence concerning the property. The information contained herein is subject to verification by all parties relying on it. There is no liability for its accuracy. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. The sellers and selling agents reserve the right to preclude any person from bidding if there is any question regarding the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
Auctioneer’s Note: Auction held off-site, rain or shine. Any announcements made day of sale take precedence over printed material or any other oral statements made. Auction Company or property owner is not responsible for accidents.
New Information, Corrections & Changes: Please check for updated information prior to scheduled auction time for changes, corrections, or additions to the herein described property information