*Principals Only. Please!
Beautiful & modern 44+bed Assisted Living Facility & Memory Care on 4 acres
situated in a prime and quiet residential neighborhood. Established 30 years
ago, under one ownership.Designed with a layout that feels less institutional,
with large corridors, bedrooms, and common areas. Contains 34 bedrooms and 37
bathrooms. Many common areas, kitchens, activity rooms, sitting rooms, and much
more. Currently at 85% occupancy, generating a monthly income of $179,511.
Occupancy level may change at times, but historically & according to the owner,
the yearly occupancy is around 95% to 98%.
There is a proposed building addition with a site plan for an additional 15,788
SF, adding 28 resident beds to the existing facility, for a total of 72 beds
upon completion of the project. Any expansion is subject to local authorities’
approval.
Sam Buran 689-400-1113
