Message Number406999
statusActive
Subject LineHave in Sarnia Ontario 18 bed Residential Care Home - $1.3M Turnkey- Funded
Business area
Canada
Ontario
Southwestern Ontario
Sarnia
Have/WantHave
Business categoryBusiness Opportunities
Date of ListingMay 25 2022
Type DescriptionHealth Care
LocationSarnia Ontario
Price$1,300,000.00
Building area3000
Bldg Area Max0
Gross Income$352,891.08
Expenses$206,974.00
Net Income$145,917.00
Cap Rate11%
CommentsEXCLUSIVE 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
Internet Links
Member Identifier11393
NameRahim Charania
Title
Company NameRealty Firm Inc., Brokerage
Address Line One395 Wellington Road, 11B
CityLondon
State/ProvinceOntario
Zip/Postal CodeN6C 5Z6
CountryCanada
Business Phone Number(519)859-0133
Cell Number5198590133
Email AddressSend Email
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