Premium Elderly Care Facility With Development Land
| Asking Price: | $6,400,000 |
| Gross Revenue: | $1,545,000 |
We are delighted to present an unparalleled investment opportunity in the heart of the British Columbia interior—a top-tier, private elderly care facility renowned for its exceptional quality of care and outstanding reputation. This prestigious business and property are now available for acquisition as the current owners are relocating to pursue other opportunities.
Strong NOI and profits from existing operating facility. All new building systems, nearly $400,000 spent to date. Development permits in place on additional land are included in the sale. Building permit drawings ready. No loans or equipment leases. Digital records, processes, and building access. 32% gross profit average.
Pricing is based on a $450k NOI (8% Cap Rate) for the operating business plus development land for expansion. All prospective buyers must complete a NDA, submit a corporate bio, and schedule a buyer interview via Zoom video conference.
