670 Woodbourne Rd Unit #704 & 706, Langhorne, PA 19047

$6,500,000
List Price
$6,500,000
Price Change
▼ $1,295,000 1678841858
Days on Market
502
Status
ACTIVE
MLS#
PABU2016766
Year Built
2005
County
Bucks
School District
Neshaminy

Property Description

ASC (SURGICAL/MEDICAL) FACILITY INVESTMENT @ 7+/-cap Great investment opportunity of a Class C medical/surgical center (Class C is the surgical status, not the building status) in a premiere Bucks County location. New long term NNN lease is currently being negotiated and will commence upon sale of property which will yield a 6.8 - 7 cap rate at an anticipated purchase price. It is currently operating and a fully equipped turn-key Class C medical/surgical center in Langhorne, Bucks County just outside Oxford Valley Mall in beautiful professional/medical condo office park and very close and easy accessibility to all major highways, interstate and turnpikes. Facility encompasses over 10,000 square feet with 7400 square feet in the full surgical center comprising 2 full operating rooms and 2700 square feet in the medical center. It is one building but its operations are separated by an entry vestibule and they are completely independent with separate entrances, but have interior access between them for staff only. The surgical center has 2 full operating rooms and 6 recovery stations along with reception, waiting room, locker and changing rooms, medical supply room, break room, etc. The medical center has reception, waiting room, exam rooms, offices, changing room w/showers, supply room, etc. The facility is in excellent condition and much effort is taken to keep the facility free and clear of contamination. This is a solid secure investment in the medical industry in a high per capita income location.

Additional Information

Area
Middletown Twp (10122)
Subdivision
Cornerstone
Building Name
Corner Building Backing To Woods
Taxes
$36547
Stories
1
Flooring
Carpet, Ceramic Tile
Heating
Forced Air, Central
Cooling
Central A/C
Roof
Architectural Shingle
Utilities
Under Ground
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of M Riccardi Agency Inc. Contact: (215) 752-4200