Assisted Living Facility - 60 Beds
60 bed assisted living facility in southeast; value add investment. Needs hands on management and marketing for growth. Current owner out of state. Operating at an NOI of approximately $170,000 with 30 residents, substantial growth opportunity. 25,000 square-foot building, modern furnishings, good demographics. Management and staff will stay in place. ONLY NEGATIVE-NEEDS MARKETING. At stabilized occupancy the NOI is approx $450,000. Price is $2.95 million based on current NOI for real estate and operations.
Financials (USD)
Asking Price $2,950,000
Cash Flow Not Disclosed
Sales $1,080,000
Deal Terms
Represented by broker? No
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Yes
Relocatable? No
Real Estate? Yes
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