Sold: 13 Bed Community Based Residential Facility
UPDATE: This property was sold on October 4, 2016.
Senior Care Realty is confidentially offering for sale this 13-bed community based residential facility located in Columbia County, Wisconsin. Built in 1995, the single-story facility is 4,784 square feet and situated on a lot that is just under a half acre.
Revenue in 2014 exceeded $400,000, and bottom line net operating income was more than $120,000. Now priced at $400,000, this produces a very strong rate of return for an investor or owner-operator.
Investors Need To Check This Out
We’re in constant contact with operators that are more interested in leasing an assisted living facility, rather than owning. Sometimes, the numbers just don’t work. But, in this case, both the investor and the operator may be able to produce solid returns.
Please click here to review our confidentiality agreement, which is required for more information. Thanks.
Tagged Features: CBRF