Oregon Real Estate Investors Association

1340 Birch Ave, Cottage Grove, OR 97424

Commercial / 0 Bedroom(s)

Property Status: Available |  For Sale: $4,500,000.00

Property Photos

Independent Senior Living Center

Property Status:
This Property is currently...
  • Status: Available
  • For Sale: $4,500,000.00
Property Details:
Commercial / 0 BR
Property Style:
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
Individual Owner
Property Features:
Central Air
Game Room
Contact Info
Brad Anderson Real Estate, Inc.
(541) 912-6689

View on Individual's Website
Property Description:

38,000 sq/ft building former hospital remodeled into an Independent Senior Living center. This independent bedrooms and can have an additional 22 beds for assisted living. This has 37 independent bedrooms and can have an additional 22 beds for assisted living. This will have a fitness center, game room, library, theater room, cafe with large patio, family Apt, common kitchen for hosting, media room, party room, storage rooms, 24 hour security, postal boxes, craft room, chapel. Each apartment has it's own kitchen, bedrooms, bathrooms and showers, separate entrance. Units are available in one, two and three bedrooms. There are 7 separate apartments in a 4 plex and 3 plex behind the center. This will be professionally managed. 

• Project is approximately 75% completed with most of the materials to finish on site
• Currently priced at $4,500,000.
• Seller estimates it will take $1.5 million to complete
• Full appraisal in current condition is $4,300,000.
• Appraisal is available to Buyer.
• Upon completion value is $7.2 to $10.6 million
• Seller is open to partnership with a buyer

Legal Disclaimer:
Oregon Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Oregon Real Estate Investors Association
  • (541) 393-2508
  • 1430 Willamette Street #103
  • Eugene, OR 97401

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