| Message Number | 407570 |
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| status | Active |
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| Subject Line | Government funded care homes. Licensed 34 beds. Steady high income! 3 hours drive from Toronto. Asking $2.5M. Buyer must be approved by CMHA / County. |
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| Business area | |
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| Have/Want | Have |
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| Business category | Business Opportunities
Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks |
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| Date of Listing | June 16 2022 |
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| Type Description | Residential Care Homes |
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| Price | $2,500,000.00 |
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| Size | 34 beds |
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| Gross Income | $657,115.00 |
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| Expenses | $405,074.00 |
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| Net Income | $252,041.00 |
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| Cap Rate | 10% |
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| Comments | With 25% Down. L.A. can assist arranging 1st mortgage at current bank rate.
Buyer needs experience in residential care homes.
Motivated seller! |
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| Internet Links | |
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| Client Situation | Geographical |
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| Clients Objective | To Acquire |
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| Client Wants | Cash |
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| Control | Regular Client |
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| Name | Lino Reyes |
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| Title | Salesperson |
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| Company Name | Realty Associates Inc., Brokerage |
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| Address Line One | 8901 Woodbine Ave. Ste 224 |
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| City | Markham |
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| State/Province | Ontario |
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| Zip/Postal Code | L3R 9Y4 |
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| Country | Canada |
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| Business Phone Number | (416)293-1100 |
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| Cell Number | 416-562-9601 |
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| Home Number | 416-562-9601 |
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| FAX Number | 416-293-6700 |
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| Email Address | Send Email |
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| Home Page | Home Page |
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