31916 Corte Positas, Temecula, CA 92592
2,200 SF Health Care Building Offered at $2,000,000 at a 12.03% Cap Rate in Temecula, CA 92592
Asking Price $2,000,000
- Property Type
-
Health Care
- Square Feet
- 2,200 SF
Listing Contacts
- Property Info
Property Overview
Exceptional, RCFE/Assisted Living Facility (alternative to nursing home care): NDA and Letter of Intent required for full disclosure documents. See company website for photos, video and more: (available upon approval of non-disclosure agreement).
Price includes property and business(Delaware C-corp). CDSS license issued to corporation.
Business is offered as a franchise location with optional management contract. Excellent opportunity for absentee owner. Business is also available without the management contract for active owners. NOI is $240,536 and Cap Rate is 12.03% including an Administrator and franchise royalties but without a management contract. For owners serving as administrator and manager NOI is $310,055 and Cap Rate is 15.50%. Management Contract is available at 6% of effective gross income making NOI $205,371 and Cap Rate 10.27% (includes Administrator and Franchise Royalties).
Franchisor Provides Advertising, Customer Referrals, Client Invoicing, HR Services, Payroll Processing, and Basic Accounting.
All numbers above are based on actual results for July 1, 2023 to June 30, 2024. Statements prepared by CPA available in upon approval of signed NDA(see above).
Price includes property and business(Delaware C-corp). CDSS license issued to corporation.
Business is offered as a franchise location with optional management contract. Excellent opportunity for absentee owner. Business is also available without the management contract for active owners. NOI is $240,536 and Cap Rate is 12.03% including an Administrator and franchise royalties but without a management contract. For owners serving as administrator and manager NOI is $310,055 and Cap Rate is 15.50%. Management Contract is available at 6% of effective gross income making NOI $205,371 and Cap Rate 10.27% (includes Administrator and Franchise Royalties).
Franchisor Provides Advertising, Customer Referrals, Client Invoicing, HR Services, Payroll Processing, and Basic Accounting.
All numbers above are based on actual results for July 1, 2023 to June 30, 2024. Statements prepared by CPA available in upon approval of signed NDA(see above).
Property Details
- Class
- B
- Year Built/Renovated
- 1994/2023
- Stories
- 1
- Property Subtype
- Assisted Living, Congregate Senior Housing, Rehabilitation Center
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 6
Highlights
- Consistently High Occupancy Rates (95% over the past year), Beautiful Grounds, Great Reviews
- CDSS Licensed, First Class Facility, Loyal Clients, 6 bed Hospice Waiver
- Business Sold as a franchise location (included in pricing)
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