Property details

Assisted Living Community For Sale, Northwest Region

Property Description

Assisted Living Community For Sale

TURN-KEY ASSISTED LIVING FACILITY W/ ON-SITE DIRECTOR

SELLER WANTS TO SEE ALL OFFERS

HOME STYLE SETTING - MAJOR SYSTEM UPGRADES - DEFICIENCY FREE - COMPETENT STAFF

Two buildings with a total of 30 beds.

Licensed for: elderly, mental illness, physical disabilities, dementia - primary clients are seniors

Very clean, well run facility

Continuous upgrading, ample parking, gardens

Business + real estate for sale

30 bed assisted living facility - 20 private, 5 shared rooms. Two buildings

Each room has a 1/2 bath + 4 shower rooms + two kitchens + two lounges & dinning rooms

Ample on-site parking + double garage

Easy access to shopping and a historic downtown

Great investment with overall rate of return of 8.8% - prime for income enhancements

Long term growth potential due to desirability of retiring in the area.






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Highlights

Status:
Available
Price:
$1,550,000
PSF:
$145
Cap Rate:
8.80%
 

Property Information

Building Size:
10,714 sq.ft.
Property Type:
Senior Housing
Industry Type:
Senior Housing
Units/Spaces:
30
Year Built:
2001
Land Area:
48,162 sq.ft.
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.