Sold: 8 bed CBRF in Madison, Wisconsin
UPDATE: Sold on February 1, 2016.
Senior Care Realty offered for sale this 8-bed community based residential facility located in Dane County, Wisconsin.
Built in 1994 and located in Madison, Wisconsin, the property has seven resident units but is licensed as an 8-bed Class CNA community based residential facility (CBRF).
The facility offers buyers an opportunity to step into a facility with a strong reputation and generate substantial revenue immediately.
The property was offered at $449,000, or $56,125 a bed, and sold for $430,000.
While leased to and operated by a local assisted living provider, the real estate property is owned by an entity whose members include the principals of Senior Care Realty, LLC.
Tagged Features: CBRF