Message Number407570
statusActive
Subject LineGovernment funded care homes. Licensed 34 beds. Steady high income! 3 hours drive from Toronto. Asking $2.5M. Buyer must be approved by CMHA / County.
Business area
Canada
Ontario
Southwestern Ontario
Have/WantHave
Business categoryBusiness Opportunities
Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks
Date of ListingJune 16 2022
Type DescriptionResidential Care Homes
Price$2,500,000.00
Size34 beds
Gross Income$657,115.00
Expenses$405,074.00
Net Income$252,041.00
Cap Rate10%
CommentsWith 25% Down. L.A. can assist arranging 1st mortgage at current bank rate.
Buyer needs experience in residential care homes.
Motivated seller!
Internet Links
Client SituationGeographical
Clients ObjectiveTo Acquire
Client WantsCash
ControlRegular Client
NameLino Reyes
TitleSalesperson
Company NameRealty Associates Inc., Brokerage
Address Line One8901 Woodbine Ave. Ste 224
CityMarkham
State/ProvinceOntario
Zip/Postal CodeL3R 9Y4
CountryCanada
Business Phone Number(416)293-1100
Cell Number416-562-9601
Home Number416-562-9601
FAX Number416-293-6700
Email AddressSend Email
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