Business Summary
Deluxe World Class Senior Housing Orange County!
10-Story Deluxe Senior Apartment Building – Located In Central Orange County - $15,000,000!
Primary Features:
* Deluxe Style Senior Housing Apartments!
* Consist Of About 121,000 Square Feet Leasable Space!
* Very Close To Two Major Freeway Ramps!
* Immediate Distance To Several Major Medical Facilities!
* Adjacent 1-Story Restaurant Building Is 11,600 SF!
* This Restaurant Also Feature Banquet Facility!
* 10 Stories Building Apartments!
* 135 Occupancy Units & 185 Beds!
* Furnished Lobby On Each Floor!
* Over 200 Parking Spaces!
* Two Pool Areas!
* Exercise Room & Sauna!
* Nine Function / Activity Rooms!
* Movie Theater!
* Nine Services Rooms!
* Twelve Elevators!
* Indoor Lounge!
* Outdoor Bar Area!
* Game Room!
* Library!
* Beauty Salon & Barber Shop!
* Outdoor Patio!
* Golf Putting Greens!
* Laundry Facilities!
* Furnished Room Will Include Kitchenette,
* Refrigerator & Sink, Bed With Sideboards,
* Couch, Table Combination, Television,
* Patio Furniture, Full Bathroom, Closet, Cable TV!
* 4,000 Square Feet Medical Clinic Space On Ground Level!
* Physical Therapy Offices!
* Financing Available For Qualified Buyer!
* Rare Opportunity Must See!
Benefits:
* Increased Demand For Senior Residential & Care!
* Projected 4,000 Beds Supply Short In The City In 2014!
* Improvements Catering For Deluxe Care Facility!
* Very Unique 10-Story Tower Apartments!
* Great Location In Central Orange County!
* High Income Affluent City!
* Prestigious Location And Neighborhood!
* Vacation Type Senior Housing!
* 12,000 SF Dedicated For Commercial & Medical Use Within The Tower!
* Large Restaurant Banquet Facility RIght Next Door!
* One Of A Kind Project Provides -
* Office, Restaurant, Medical Care, Doctor Offices,
* Nursing Staff, Caregivers, Physical Therapy, & Food Service!
* Residence Can Choose Unfurnished Or Furnished Room!
* Residence Enjoys Accommodation, Meals, Snacks,
* And Full Access To All Medical Service & Facilities!
* Additional Service Includes Housekeeping, Shopping,
* Personal Care And More On Separate Contract!
Financials:
* No. Units: 135
* No. Beds: 185
* Year Built: 1971
* Unit Rent: $2,500 – $4,000
* Rental Revenue: $4,656,000
* Commercial Rental: $537,000
* Operating Expenses: $2,234,880
* Annual Income: $1,543,520
* CAP Rate: 9.6%
BIZ Analysis / Recommendations:
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
Property Details