123 Assisted Living Ave

The facility is fully licensed and operational, with a historic occupancy of 90%. Experienced staff will remain after closing. The facility is currently generating $755,184 in gross revenue and netting $280,315. Once fully occupied, gross revenue is expected to rise to $834,677, with net income increasing to $359,808. The projected income will provide the investor with a strong 12% capitalization rate at full asking price, making this an excellent investment opportunity in a market with very limited inventory. The seller also has plans to expand the facility to 40 beds, offering a value-add opportunity. This listing is a confidential sale, please contact the listing office for more information!