Wisconsin Senior Housing Facilities For Sale, Great Lakes - Big Rivers Region

Property Description

Wisconsin Senior Housing Facilities For Sale

Price shown reflects a 7.00% Cap Rate on the Annual NOI for three facilities of $664,032 ($224,579 + $217,680 + $221,772).

There is a potential of up to 6 total facilities available (read on...).

One of the facilities - the operator took occupancy in 2018. Current rent is $18,715 ($224,580‬ annually). 1.00% annual rent increases. Leased until 2032.

Also, 2 facilities on one lot. The first facility: Operator took occupancy in 2016. Current rent is $18,140 ($217,680 annually), annual rent increases. Second facility: Occupancy took place in 2019, current rent $18,481 ($221,772).

The owner also owns 2 other facilities. The operator wants to purchase them.

Additional facility, recently completed construction. This facility will not be available until 2021.

The owner usually builds in small farm towns with no competition from the large facility operators. In most instances, the operators buy the facilities.

These facilities are all being sold at a firm 7.00% cap rate.

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Senior Housing Properties For Sale

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