436 E 700 N, Orem, UT 84097

$1,000,000 Asking Price

14 beds
14 baths
5,802  sqft
Built in 1998

Bel Aire Assisted Living of Orem is a 14-unit assisted living facility located in Orem, Utah. The property is licensed with the Utah Department of Health as a type-1 assisted living facility. The facility has been running with only 60% occupancy, creating a significant opportunity for a new owner to nearly double the property's gross income. A buyer can also come in and turn this into a single-family home.

Features & Amenities

Interior

General:
See Remarks
Basement:
See Remarks
Flooring:
See Remarks
A/C:
Central Air
Heating:
See Remarks
Disability Feature:
See Remarks,Accessible Entrance,Roll-In Shower,Single Level Living,Customized Wheelchair Accessible

Exterior

General:
See Remarks
Style:
Rambler/Ranch
Parking:
Parking spaces: 9

Construction

Roofing:
Asphalt
Windows:
See Remarks
General:
Blt./Standing

Location

Originating MLS:
UtahRealEstate.com
School District:
Alpine
County:
Utah

Lot

Topography:
See Remarks
Landscaping:
See Remarks
Zoning:
See Remarks, 44-018-0090
Current Use:
Single Family

Utilities

Utilities:
See Remarks
Water:
SeeRemarks

Financial

Source:
UtahRealEstate.com
Exclusions:
See Remarks

This listing courtesy of:
Mountain West Commercial LLC, Andrew Helm

About Orem, UT

Housing

Number of Units
31,791
Median Home Value
$307,648
Median Rent
$1,030

42.30% of housing units are renter occupied.

5.03% are vacant.

Commute

Car
60.59%
Public Transportation
1.67%
Walk to Work
1.67%
Work from Home
34.69%
Other
0.57%

The median travel time to work is 14 minutes.

People

Population
98,384
Median Age
28.10
Median Household Size
3.24

Education

High School
17.20%
Associate’s Degree
10.65%
Bachelor’s Degree
27.57%
Graduate Degree
13.67%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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