20+ BED RESIDENTIAL CARE HOME FOR SALE IN WATERLOO

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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

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

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

For Sale $ 2,500,000
LOCATION: Waterloo Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Retirement Homes for Sale
LISTING TYPE: Senior Housing for Sale

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.

Kavitha Koshy HOMELIFE MAPLE LEAF REALTY LTD.

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Kavitha Koshy

HOMELIFE MAPLE LEAF REALTY LTD.

listed by: Kavitha Koshy Send me more info