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87-Bed SNF, 7-Unit ALF, 30-Unit ILF Located in Mid-West. Asking Price Negotiable
 
 

87-Bed SNF, 7-Unit ALF, 30-Unit ILF Located in Mid-West. Asking Price Negotiable

Facility ID JLH00190

This community is an ideal investment opportunity consisting of one Skilled Nursing, Assisted Living, Memory Care, Home Health Care, Adult Day Care and Independent Living campus.

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Property status as of Fri Jul 30 02:48:56 GMT 2010:
# of offers to purchase: 1 # of interested parties: 4 in contract: AVAILABLE

Purchase

  • Purchase Price is Negotiable

Est Net Operating Income 2009

  • NOI $1,500,000 (Approx)

Deal Points

  • For Sale
  • All Fee-Simple
  • Facility Improvements
  • 87-Bed SNF, 7-Unit ALF, 30-Unit ILF
  • 1-Community
  • Parking Spaces: Ample
  • Hallway Widths 8'
  • Flooring: Tile
  • Roof: Flat
  • Foundation: Concrete Slab
  • Structure: Concrete/Block

General Facility Features

  • Central Kitchen
  • Courtyards
  • Emergency Call
  • Handicap Access
  • Handrails
  • Sprinklers
  • Nursing Stations

Contact Information

For questions, further information, or a Confidentiality Agreement "Ask Seller's Broker a Question" by calling Lee Haris (415) 989-5372 (x321) or emailing lharis@harisconfidential.com

An Ideal Opportunity to Purchase ( Fee-Simple) a 87-Bed SNF, 7-Unit ALF, 30-Unit ILF

The subject community is an ideal investment opportunity consisting of one Skilled Nursing, Assisted Living, Memory Care, Home Health Care, Adult Day Care and Independent Living campus nestled in a quiet residential enclave located in picturesque Mid-Western city. The community has earned a solid reputation in the local medical market for providing high quality service in a clean, caring environment at an outstanding value. The community provides an excellent cash-flowing purchase opportunity from day one..

The subject facility is a healthcare campus consisting of 87-bed nursing home, 7-unit customized facility, 30-unit independent living facility provide a range of services and opportunities for individuals to move into other areas of care, as needed, with ease and careful attention.

The nursing care component is an 87-bed skilled nursing and rehabilitation care center. It provides multi-dimensional care for short-term and longterm residents.

The independent living component consists of 30 apartment units and features a selection of sizes and styles, including one-bedrooms between 515 and 620 sq.ft. and two-bedrooms at 840 sq. ft. and handicapped accessible..

About the Campus

The improvements were recently extensively remodeled and added onto, resulting in a good quality facility in good overall condition. That attached marketing package contains the extensive list of renovations.

The attached marketing package contains interior and exterior photos, aerial views, census information, profit-loss statements for 2005, 2006 and 2007, labor cost report, demographic information.

Confidential Bidding Process and Instructions

In order to protect the residents, staff, and identity of the subject facility from the sales process, a sale of this type must be conducted confidentially. Therefore, the name of the facility, income and expense figures, and exact location can only be disclosed to a pre-approved Interested Party. Pre-approved Interested Parties are potential purchasers who have followed the process below:

Step 1: The Interested Party registers as a customer on www.harisconfidential.com

Step 2: As part of the registration process the Interested Party downloads the Haris & Company Confidentiality Agreement, signs it, and either faxes it to (415) 989-5580 or emails it to truecontrol@harisconfidential.com

Step 3: The seller and Haris & Company approve the Interested Party's signed Confidentiality Agreement and Haris & Company authorizes the potential purchaser to access a premium ad view.

Step 4: The Interested Party -- whose identity remains undisclosed to other purchasers -- may now submit their expression of interest for the subject facility by downloading the Expression of Interest form and either faxing it to (415) 989-5580 or emailing it to truecontrol@harisconfidential.com. An Interested Party may submit their own Letter of Intent form as an alternative.

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Disclaimer: The information contained in this posting has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in the facility being presented. It does not, however, purport to present all material information regarding the subject facility, and it is not a substitute for a thorough due-diligence investigation. In particular, Lee D. Haris, Broker, has not made any investigation, makes no warranty or representation with respect to this investment opportunity. The information contained in this brochure has been obtained from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.