Current Price:$1,900,000 List Date:7/09/2019Last Modified:2/01/2023
Description
Senior Assisted Living Business located within a facility that was designed and built for its present use in 2007. This well-maintained and operated facility has 17 private rooms, Jack-and-Jill bathrooms, common dining area, living area, and covered patio seating. RCFE license approved for Dementia, Total Care, and Hospice. 14.2% Cap Rate. Click more for additional details!
Supplements: The facility has a wonderful reputation for providing excellent care and quality of life and enjoys a waiting list for residents.
The facility had been operated with 15 beds up until May 2019. Two additional rooms not previously utilized for residents have been licensed. All income and expense projections are based upon 17 beds going forward.
Current Price: $1,900,000Type: ServiceArea: 01 - NW ReddingList Price: 1995000Doing Business As: ConfidentialAprx Square Feet: 4000 - 5000GP Zone: RED GC - General CommercialZoning: RED - C-2 - Central Commericial District
Remarks
Directions: Confidential location. Contact Agent for Confidentiality Agreement.
Contract Information
Status: ClosedList Date: 2019-07-09Sold Date: 2020-08-12Under Contract Date: 2020-05-01Sold Price: $1,900,000SO Comm: 3Commission SO: 3Commission SO Type: %
Addl Business Info
Age of Business: More than 10 YearsYr/Present Owner: 2 - 5 Years
Property Features
Business Type: OtherBusiness Hours: 7 DaysAvailable Terms: All Cash to Seller; Cash; Cash to New LoanPossession: Close of EscrowPhoto: Agent UploadSelling Terms: SBA
Listing Office: Haedrich & Co., Inc.
Last Updated: February - 01 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.