Redding, CA 96003
$1,900,000
Property Type:
Business Opportunity
Status:
Closed
Current Price:
$1,900,000
List Date:
7/09/2019
Last 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.
More Information MLS# 19-3715
Address Information
Cross Street: Confidential
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Current Price: $1,900,000
Type: Service
Area: 01 - NW Redding
List Price: 1995000
Doing Business As: Confidential
Aprx Square Feet: 4000 - 5000
GP Zone: RED GC - General Commercial
Zoning: RED - C-2 - Central Commericial District
Remarks
Directions: Confidential location. Contact Agent for Confidentiality Agreement.
Contract Information
Status: Closed
List Date: 2019-07-09
Sold Date: 2020-08-12
Under Contract Date: 2020-05-01
Sold Price: $1,900,000
SO Comm: 3
Commission SO: 3
Commission SO Type: %
Addl Business Info
Age of Business: More than 10 Years
Yr/Present Owner: 2 - 5 Years
Property Features
Business Type: Other
Business Hours: 7 Days
Available Terms: All Cash to Seller; Cash; Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Selling 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.
Information deemed reliable but not guaranteed.