High Cap Rate Skilled Nursing Facility, Great Lakes - Big Rivers Region

Property Description

High Cap Rate Skilled Nursing Facility

Looking for a good deal?

This skilled nursing facility just lowered the asking price while the NOI continues to increase.

Currently priced at a 16.5% Cap Rate.

The seller wants to retire and is motivated to sell.

This Skilled Nursing & Rehabilitation Facility

34 licensed beds

Offers therapy services 7 days a week.

This is the only skilled nursing facility within a 25 mile radius.

Centrally located among 4 hospitals

Full, dedicated staff

Additional potential revenue opportunities attainable, including an expansion into Memory Care &/or Assisted Living

On-site Therapies offered include Physical, Occupational & Speech

Excellently maintained building

Sits on land for potential expansion to provide a continuum of care facility

Laundry Facilities and Beauty Salon located in the building

Newer Roof

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