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860 Vestal Rd
Vestal Township, NY 13850

$1,594,000 USD

Skilled Nursing Facility For Sale • 86,687 SF

Property Details

Property Type Skilled Nursing Facility
Total Building Size 86,687 SF
Lot Size 5.06 AC
Building Class B
Year Built 1990
Tenancy Multiple
Zoning RC

0 Transit Score

3 Walk Score

                
                    Highlights
                
                                Projected NOI: $2.42M (post-renovation)
                            
                                Estimated Market Value: $40.4M (post-renovation)
                            
                                High-Yield Metrics: 151.65% cap rate | 10.10% Year 1 CoC return (post-renovation)
                            
                                Low cost basis: $12,492 per unit | $18/SF
                            
                                Strong Market: Household incomes 44% above Broome County average
                            
                                Visible Location: Seen from Route 26 Bridge with 15-min access to entire Binghamton MSA