Multi Family Property Cash Cow Adult Care Facility!
Cash Cow Business – Adult Care Facility With 12 Rooms And 22 Beds At $1,650,000!
Complete A Buyer Agreement Or NDA For Complete Details!
- Primary Features
- Benefits
- Financials
- BIZ Analysis / Recommendations
- Presented Exclusively By
- Special BIZ Disclaimers
- BIZ VAULT
- 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!
- 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!
- Location: South Bay Area, CA
- Asking Price: $1,650,000
- Annual Gross: $240,000
- Operating Expenses: $141,068
- Net Income: $86,932
- Rooms: 12
- Beds: 22
- Vacancy Factor: 5%
- Year Built: 1962
- Lot Size: 7,497 SF
- Building Size: 4,342 SF
- CAP Rate: 5.27%
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
NOTE: No warranty [expressed or implied] is made as to the accuracy of the information contained herein. This information is submitted subject to Errors, Omissions, Change of Price, Rental or Other Conditions, including Withdrawal Without Notice, and is subject to any and all special listing conditions imposed by our Principals. Cooperating Brokers, Buyers, Tenants and/or Other Parties who review this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. BIZ Builder.Com and its President are Licensed Real Estate Brokers of the State of California [DRE License #01852885 and 01871760].
CALL TODAY FOR COMPLETE DETAILS – INCLUDING A VIRTUAL PRIVATE TOUR!
800-727-2100, Option 1
Authorized For Publication By Listing Agent. Financing Offered By Independent Banks And Lending Institutions.
Ad#: 1044877
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