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. Price includes real estate, fixtures, furniture, and equipment (FF&E) and business value (going-concern). Owner/administrator available to consult/train/assist new ownership following close of escrow if desired. No showings prior to NDA and/or offer. June 2022 Medicaid increases now in effect!!
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!