295 Alder St - Assisted Livings FOR SALE


Arroyo Grande, CA 93420
$5,300,000 USD
760-593-7653
295 Alder St, Arroyo Grande, CA for Sale
$5,300,000 USD
Assisted Livings - FOR SALE
1/2
null | Request Cap Rate

295 Alder St
Arroyo Grande, CA 93420


OVERVIEW

NDA for Offering Memorandum / Marketing Package and Seller Disclosure Documents: - Business/FF&E and Real Estate included in Purchase Price Turnkey Assisted Living Facility / RCFE Profitable business with expansion abilities CDSS License: 32-Bed License 32 Non-Ambulatory. Hospice waiver for 6. Client groups served: RCFE / Hospice. Expansion Abilities: Ability to potentially expand to 29-Private Bedrooms by expanding into the storage out building and into the first floor office (ability to relocate office into 2nd floor built out attic with windows) Seller also owns two (2) neighboring residential lots. Seller has had plans drawn to expand facility onto both of these residential lots to create a mega structure with 49-Private Bedrooms Building / Lot: 11,368 SF per Title (Approx measurements are larger showing 13,185 SF main building and 981 SF storage building). Buyer to measure and confirm all SF measurements. 24-Bedrooms (currently all private) | all on 1st floor 0.81 acre lot Built in 1953 Upside: Change facility to handle dementia care Start advertising campaigns. To increase enrollment and new inquiries. Double occupancy in rooms - ***Call Listing Broker for scheduling viewing property. DO NOT GO TO PROPERTY UNLESS YOU SCHEDULED WITH LISTING AGENT. Do not talk to employees nor clientele. All per Sellers request.***

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$466 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turnkey | RCFE | 32-Bed Lic. Fac | EXPANDABLE

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

-

APN/PARCEL ID

077-204-001

ASK ABOUT THIS PROPERTY

BJ DelhamerInsite Commercial Real Estate AdvisorsMore Info
760-593-7653

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BJ DelhamerInsite Commercial Real Estate AdvisorsMore Info
760-593-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.