Business Summary
Multi Family Property Cash Cow Adult Care Facility!
Cash Cow Business – Adult Care Facility With 12 Rooms And 22 Beds At $1,650,000!
Primary Features:
* Multi Family Property With A Cash Cow Business!
* Very Quiet Environment South Bay Area California!
* Property Facing The One Way Street – Less Traffic!
* Board & Care Facility For Adult Care!
* Total 12 Rooms!
* Four & A Half Bath!
* Total 22 Beds!
* All residents Are High Level Functioning & Independent!
* Total Lot Size Is 7,502 Square Feet!
* Total Building Size Is 4,342 Square Feet!
* Two Story Building Structure!
* A Large Kitchen Available On Second Level!
* Recreation Room Also On Second Level!
* Laundry Room On The Premises!
* Partially Remodeled In 2012!
* Business Is Permitted & Licensed By The City!
* Funded By The State Of California!
* Monthly Gross Ranges $19K To $25K!
* Expenses Include Food, Supplies & Payroll!
* Monthly Net Income Ranges Around $13K!
* The Limited LIability Company Will Be Transferred To Buyer!
* Permits And Licenses Are Also Transferrable!
* Deposit Requirement $600,000!
* Seller Financing Available For Up To $1M!
* Do Not Visit The Property Without An Appointment!
Benefits:
* Great Investment Opportunity!
* Cash Cow Business!
* Funded By The State Of California!
* Fully Occupied Adult Care Facility!
* Property On A Quiet One Way Street!
* Ideal Location For Board & Care Operations!
* South Bay Area In California!
* Steady Monthly Income Around $12K Average!
* Recreation Room & Laundry Available For Residents!
* New Roof & Windows Installed In 2012!
* Six Covered Parking Spaces!
* All Appliances Are Rather New And In Great Shape!
* Church, Parks & Shopping Centers Close By!
* Medical Care & Hospital Facilities Nearby!
* Higher Income City In LA County!
* 24-Hour Nursing Care In House!
* Transportation To Shopping & Appointments Available!
* Easy To Run Business!
* Perfect Size For An Adult Care Facility!
* Huge Potential Growth Industry!
* Now Is The Time To Investment If You Are Interested In This Category!
* Estimated 30-50% Growth In Demand In 2020!
* Seller Financing Available!
Financials:
* Operating Expenses: $141,068
* Net Income: $86,932
* Rooms: 12
* Beds: 22
* Vacancy Factor: 5%
* CAP Rate: 5.27%
BIZ Analysis/ Recommendations:
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
Property Details
Size:
Lot Size: 7,497 SF. Building Size: 4,342 SF
Miscellaneous Details