Fisher Place

3,940 SF Health Care Building Offered at $1,350,000 at a 7.75% Cap Rate in San Bernardino, CA 92404

Asking Price $1,350,000

Sale Condition: 1031 Exchange
Property Type: Health Care
Square Feet: 3,940 SF

Listing Contacts

Christine Smith

Verified Profile

Property Info

Property Overview

This is an Adult Residential Facility ages 18-59, mentally ill (MI). Operates at 100% full occupancy at all times. This is a 9 bedroom 4 bath room facility. New owner can apply for RCFE license, ARF/DD or Adult Living Weaver. Please do all required due dilligence required for licensure. Conditional Use Permit stays with the property and transfers to new owner. Facility has fire sprinklers and smoke detectors are hard-wired.
Annual gross income for year 2023 is $256,020.00.
Projected Annual gross income for 2024 is $272,675.00.
Current owner of property is also the listing real estate agent.
Property has been taken care of and shows well.

Property Details

Year Built: 1960
Stories: 1
Property Subtype: Congregate Senior Housing, Continuing Care Retirement Community, Rehabilitation Center
Units: 15

Highlights

Property is gated
One long hallway with rooms and bathroom on each side
Facility has CUP for 15 that transfers to new owner (stays with property) and fire sprinklers installed.

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