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139 Weber Ct - Wellington Habilitation Center 29,026 SF Health Care Building Offered at $8,235,452 CAD at a 8% Cap Rate in Wellington, OH 44090
Investment Highlights
- Five-building healthcare campus totaling 27,682 SF on 6.54 acres.
- Heated parking lot and walkways between buildings for year-round convenience.
- Includes four multi-family homes and a habilitation center with ±300 occupancy.
- Fully leased to ResCare Community Living with long-term agreements.
Executive Summary
This offering represents a stabilized healthcare investment opportunity in Wellington, Ohio, featuring five freestanding buildings totaling 27,682 SF on 6.54 acres. The property is fully occupied by ResCare Community Living, a nationally recognized provider of intellectual and developmental disability services. The asset includes four multi-family homes and a habilitation center, all designed for community-based living environments.
The tenant has a long-term lease structure with multiple renewal options, ensuring predictable income and minimal vacancy risk. The projected 2026 gross annual income is $509,880, with an 8% cap rate, making this an attractive acquisition for investors seeking reliable cash flow in the essential services sector. Heated parking lots, walkways, and zoning for multifamily use enhance operational efficiency. Located just 0.7 miles from SR-18, the property offers excellent connectivity to Lorain and Medina Counties, supporting regional accessibility.
This investment combines strong tenant credit, specialized healthcare use, and long-term lease security, presenting a compelling opportunity for buyers focused on stable returns and critical service assets.
The tenant has a long-term lease structure with multiple renewal options, ensuring predictable income and minimal vacancy risk. The projected 2026 gross annual income is $509,880, with an 8% cap rate, making this an attractive acquisition for investors seeking reliable cash flow in the essential services sector. Heated parking lots, walkways, and zoning for multifamily use enhance operational efficiency. Located just 0.7 miles from SR-18, the property offers excellent connectivity to Lorain and Medina Counties, supporting regional accessibility.
This investment combines strong tenant credit, specialized healthcare use, and long-term lease security, presenting a compelling opportunity for buyers focused on stable returns and critical service assets.
Property Facts
| Price | $8,235,452 CAD | Building Class | C |
| Price Per Bed | $25,108 CAD | Lot Size | 6.64 AC |
| Sale Type | Investment | Building Size | 29,026 SF |
| Cap Rate | 8% | No. Beds | 328 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 1991 |
| Zoning | MR-1 - Multifamily | ||
| Price | $8,235,452 CAD |
| Price Per Bed | $25,108 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 6.64 AC |
| Building Size | 29,026 SF |
| No. Beds | 328 |
| No. Stories | 1 |
| Year Built | 1991 |
| Zoning | MR-1 - Multifamily |
Amenities
- Wheelchair Accessible
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,729,735 CAD | |
| Land Assessment | $141,501 CAD | Total Assessment | $1,871,233 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$141,501 CAD
Improvements Assessment
$1,729,735 CAD
Total Assessment
$1,871,233 CAD
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139 Weber Ct - Wellington Habilitation Center
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