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1132 Via Rancho Pky

1,969 SF Health Care Building Offered at $1,200,000 at a 10.42% Cap Rate in Escondido, CA 92029

Investment Highlights

  • Total Turn-key operation
  • Care givers can stay upon request
  • Seller is willing to help with transition and marketing
  • Large property with expansion potential
  • Long in business with a great reputation
  • Great for 1031 exchange with a good cashflow

Executive Summary

Turn-key 6-bed RCFE for sale in a prime location in Escondido, North San Diego County, Great neighborhood with a high-paying clientele. Close to hospitals, parks, golf clubs, and shopping centers. Price is for business and real estate both. The facility is spacious with nice outdoor living areas. It is long in business and has a great reputation. Occupancy is always high. Gross income is about $23,500/month with upside earning potential. Due to confidentiality, further information can be released upon signing a non-disclosure agreement. Close to shopping centers, hospitals, nursing homes, and parks. The seller is willing to help with the transition. Property has an expansion potential with half an acre land. A total turnkey solution for investors or experienced operators for expansion. Hard-to-find 6-bed care home in a hot senior care market in San Deigo County with beautiful weather all year round. Very open floor plan with a private fenced yard for family visits and outdoor activities. CALL NOW FOR A SHOWING AND DIRECTIONS. DON’T DISTURB EMPLOYEES AND RESIDENTS. BY SELLER’S REQUEST, PLEASE DON’T DISCUSS THE TRANSACTION IN FRONT OF EMPLOYEES AND RESIDENTS DURING VISIT. West of I-15. Perfect for 1031 exchange. Long lot with a lots of expansion potential. Please call today for a visit...

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income $283,000 $143.73
Other Income - -
Vacancy Loss - -
Effective Gross Income $283,000 $143.73
Taxes - -
Operating Expenses - -
Total Expenses $158,000 $80.24
Net Operating Income $125,000 $63.48

Financial Summary (Actual - 2022)

Gross Rental Income
Annual $283,000
Annual Per SF $143.73
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $283,000
Annual Per SF $143.73
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $158,000
Annual Per SF $80.24
Net Operating Income
Annual $125,000
Annual Per SF $63.48

Property Facts

Price $1,200,000
Price Per Bed $200,000
Sale Type Investment
Cap Rate 10.42%
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
Building Class B
Lot Size 0.54 AC
Building Size 1,969 SF
No. Beds 6
No. Stories 1
Year Built/Renovated 1963/2019

zoning

Zoning Code R-1 (R-1 with potential for expansion with Half an acre lot)
R-1 (R-1 with potential for expansion with Half an acre lot)
  • Listing ID: 26027577

  • Date on Market: 6/26/2022

  • Last Updated:

  • Address: 1132 Via Rancho Pky, Escondido, CA 92029

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