Rose Terrace Cottages Assisted Living Facility (ALF), licensed for 40-beds including 10 high security, fully operational (and profitable) with an excellent reputation and clean license/inspection record, includes 3 freestanding buildings built from the ground up for assisted living, each with ten private bedrooms with their own bathroom, large central common area, kitchen, office, and separate staff restroom. Price based on comparable sales and income analysis, and includes real estate, fixtures, furniture, and equipment (FF&E) and business value (going-concern). Confidential offering, no showings prior to submitting offer, NDA and/or LOI. Property also benefits from access AND parking easement located on the property immediately north. See legal description. June 2022 Medicaid reimbursement increases now in effect = significant upside!
Listing courtesy of Kiemle & Hagood Company.