About This Property Vacant ALF 21 - Beds Fully Licensed
The facility is fully licensed. Once fully occupied, the gross revenue is expected to go up to $840,000, with net income of $ 294,000. The projected income will provide the investor with a strong 12% capitalization rate at the full asking price. This is an excellent investment opportunity in a market with very limited inventory.
Property Details
Property Type Special Purpose
Status Active
MLS # A12049122
Building Area 4,305 SF
Lot Size 10,914 SF
Year Built 1954
Zoning ND-2
Days on Market 1
Price $2,500,000 Interested in this property? This listing is held by another brokerage. We can represent you on it — arrange a tour, pull comparables, and negotiate on your behalf at no cost to you as a tenant or buyer.
Ask About This Listing Courtesy of RE/MAX 5 Star Realty · Randall@demarcogroup.com
Randall Sanz
Listings displayed by Parvani Commercial Group, Inc.
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Updated 47 days ago
