Investor or End User. GREAT MONEY MAKER OPPORTUNITY! This property has a current license for SIX ALF beds, with an average market Bed Rate going for $2,250-$2,500/month. Central location, business includes staff members. Newer water heater, roof, A/C, bathrooms, and floors, and has a 10x12 permitted storage shed, with generator and all accessories for approved EPP Plan. The facility currently serves 6 stable long-term residents. Highest and best use: ALF (Assisted Living Facility), Adult Family Care Homes, Group Home Facilities, or Residential Rehabilitation Center. Huge potential to increase rental income and generate $15,000+/month. Amazing opportunity to serve the community while earning a huge cap rate and return. Occupancy Rate almost 100%.
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