Former Lake Carmel Medical Center converted to four family residential rental units with lower level former Nutritionists office and separate eight room Medical office, stand alone building in parking lot.First offering Fantastic investment opportunity. 5 Family building OR Renovate to complete Office Building. Four occupied apartments with tenants. The fifth and sixth medical office spaces are vacant. This is an undervalued opportunity to expand your portfolio. The current income easily supports the debt with the opportunity for expansion by finishing off the previously used Nutritionists office space on the first floor with reception room, admin office, Dr. office and four examination rooms with sinks and rear entrance. Close to shopping and highways on main road with lots of daily traffic and water views but private in rear of property. Currently a 7% cap without the pro-forma of the two vacant units.
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This data has been updated as of 1/22/2022 7:06:21 AM.
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.