PRICE REDUCED Established Assisted Living Facility w/ Real Estate
Asking Price: | $5,300,000 |
Gross Revenue: | $1,138,156 |
FF&E: | $200,000 |
Established Year: | 2002 |
Cash Flow: | $200,819 |
Inventory: | $2,000 |
Real Estate: | $5,400,000 |
Fully developed, resident in place. Click for more info.
Lovely, twenty-two year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential care for seniors. Excellent reviews. Adaptable for smaller group homes. Space for addition of a Rehab building. The business is consistently profitable and generates a NOI averaging $349k ($431k estimated in 2024). There is room on the property for expansion to increase residential capacity by 25% and more. The seller is a nurse and manages the business.
For more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 481278
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.