Message Number | 406999 | ||||||||
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status | Active | ||||||||
Subject Line | Have in Sarnia Ontario 18 bed Residential Care Home - $1.3M Turnkey- Funded | ||||||||
Business area |
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Have/Want | Have | ||||||||
Business category | Business Opportunities | ||||||||
Date of Listing | May 25 2022 | ||||||||
Type Description | Health Care | ||||||||
Location | Sarnia Ontario | ||||||||
Price | $1,300,000.00 | ||||||||
Building area | 3000 | ||||||||
Bldg Area Max | 0 | ||||||||
Gross Income | $352,891.08 | ||||||||
Expenses | $206,974.00 | ||||||||
Net Income | $145,917.00 | ||||||||
Cap Rate | 11% | ||||||||
Comments | EXCLUSIVE LISTING - INCOME PROPERTY - $1,300,000 with 11% cap rate. (1.75% to Buyer Agent)
Income Property. Community Homes for Opportunity (CHO). Great location in a desirable, growing and highly sought-after community (disclosed upon signing Confidentiality Agreement), steps to shops and public transportation. Always 100% occupied, 18 resident-home. COMPLETE TURN KEY OPERATION. Income is TAX FREE (with exemptions) if owner / operator and primary residence. BUYER must have some experience in working with people who experience mental health illness. Rahim Charania, Broker 519-859-0133 |
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Internet Links | |||||||||
Member Identifier | 11393 | ||||||||
Name | Rahim Charania | ||||||||
Title | |||||||||
Company Name | Realty Firm Inc., Brokerage | ||||||||
Address Line One | 395 Wellington Road, 11B | ||||||||
City | London | ||||||||
State/Province | Ontario | ||||||||
Zip/Postal Code | N6C 5Z6 | ||||||||
Country | Canada | ||||||||
Business Phone Number | (519)859-0133 | ||||||||
Cell Number | 5198590133 | ||||||||
Email Address | Send Email | ||||||||
Home Page | Home Page |
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