Immaculate 49 bed facility for mentally disabled adults between age 18 thru 58. This facility never has vacancies, always a waiting list. The lease is approx. $11,200 per month tied to SSI (base rent shall be automatically increased by 25% of any increases in the monthly amout payable to tenant for that portion of a resident's income, SSI, adjusted yearly. Tenant has leased this property for many years and lease goes until 2025, last option is 2020 for 5 more years. Facility is located on 3 parcels, has nice common areas and is close to Hiway 94. Grounds are very well maintained as well as facility. Tenant maintains most of property expenses, partial property taxes.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
