Hot Listing

SACHSE Res. Group Home- Sprinklers & Ready To License! 3 Residents!

Asking Price$510,000

Gross Revenue
$159,835

Net Operating Income$55,586

FF&E$50,000
Included in asking price
Building Sq. Ft.2219

Price per Sq. Ft.Not Disclosed

Front View of Residential ALFSave
Hot Listing

SACHSE Res. Group Home- Sprinklers & Ready To License! 3 Residents!


Asking Price$510,000

Gross Revenue
$159,835

Net Operating Income$55,586

FF&E$50,000
Included in asking price
Building Sq. Ft.2219

Price per Sq. Ft.Not Disclosed

Property Description
4 PRIVATE ROOMS/ 1 LARGE SEMI PRIVATE ROOM. ROOM FOR 6 RESIDENTS!! GREAT OPPORTUNITY FOR ANYONE LOOKING FOR AN EASY, READY TO LICENSE PROPERTY FULLY OPERATIONAL FOR THE PAST 13 YEARS, P&LS AVAILABLE WITH SIGNED NDA. WELL MAINTAINED AND OPERATED (UNLICENSED) RESIDENTIAL GROUP HOME WITH ROOM FOR UP TO 6 RESIDENTS AS AN ASSISTED LIVING FACILITY ONCE LICENSED. METICULOUSLY MAINTAINED PROPERTY. GREAT NEIGHBORHOOD AND LOCATION NEAR GEORGE BUSH TURNPIKE AND HWY 78. BE A PART OF THE GROWING DEMAND FOR SENIOR CARE IN THIS TURN KEY OPERATION!
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
Residential group home in sought after subdivision near major highways and hospital/ medical facilities. Modifications have been made to the property for ease of use for residential Assisted living facility type B. City approval obtained for licensing for 6 residents. State license not in use currently. Home has many updates including widened access to rooms, fresh paint, large covered patio and tranquil backyard. Gross Living Square footage is currently 1819 sq ft with conversion potential for additional space in garage. P&Ls and PROFORMA (183k/yr NOI)!
Location Description
Centrally located to major tollway and highways.
Current and Prior Use
Currently operated as an "unlicensed" group home with 3 unrelated residents and caregivers. Future use is to license the facility and increase resident count to 6 per state guidelines.
Year Built
2000
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Private financing is available. please contact agent for details.
Listing Info
ID:
2221627
Listing Views:
6066

Contact Seller

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Property Listed by: Aaron Morrow Coldwell Banker Apex, Realtors

Listing ID: 2221627 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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