4207 E State Road 64

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Address: 4207 E State Road 64, Bradenton, Florida, US
Created date: April 25, 2024
Date last updated: April 26, 2024
  • 79 Unit Senior Living Facility
  • 56 (45 one-bed, 11 two-bed) Assisted Living Beds
  • 34 (33 one-bed, 1 two-bed) Memory Care Beds

Property Description

Colliers and Hilco Real Estate (HRE) is pleased to offer qualified investors an opportunity to purchase Harmony Palms, a two-story, 90-bed assisted living facility with secured memory care wing. The two-story structure is incomplete. Building’s outer walls, roof, windows, inner wall framework, wiring, and plumbing are all finished, bringing the building to 85% completion. Building construction has been halted due to non-property-related issues with the prior developer, leaving the asset unoccupied. This unusual situation provides investors with a one-of-a-kind opportunity to complete the remaining development and stabilize the property at a price reflective of its inactive state.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings | Senior Living
No. of Units: 79
Lot Size: 2.58 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 4207 E State Road 64, Bradenton, FL 34208, USA
Provided by:

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