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Home Business For Sale Retirement Homes for Sale Senior Housing for Sale 20+ BED RESIDENTIAL CARE HOME FOR SALE IN WATERLOO
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20+ BED RESIDENTIAL CARE HOME FOR SALE IN WATERLOO
20+ BED RESIDENTIAL CARE HOME FOR SALE IN WATERLOO
20+ BED RESIDENTIAL CARE HOME FOR SALE IN WATERLOO

20+ BED RESIDENTIAL CARE HOME FOR SALE IN WATERLOO


  • Cap Rate: 11%
  • About Property
    • 20+ Beds
    • Tenants from the Community Homelessness Prevention Initiative (CHPI)
    • The business has been consistently running on a 95% occupancy for the last 5 years
    • The Region pays $350,000+ annually (regardless of the vacancy) subject to annual CPI increase. Tenants collectively pay $250,000+ per annum. Total annual revenue for current year is $630,000+
    • The place is very well managed by professional staff. The owners have very little involvement in operations. They primarily manage the finance and accounting. 

 


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