| Message Number | 395576 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | London area. 9 - bed home for special care. $650K. Recession proof business with property. Good Income. Easy to operate but must be approved by CMHA. | ||||||
| Business area |
|
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| Have/Want | Have | ||||||
| Business category | Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks | ||||||
| Date of Listing | January 26 2021 | ||||||
| Type Description | home for special care | ||||||
| Location | London area | ||||||
| Price | $650,000.00 | ||||||
| Size | 9-bed care home | ||||||
| Gross Income | $155,000.00 | ||||||
| Expenses | $90,000.00 | ||||||
| Net Income | $65,000.00 | ||||||
| Cap Rate | 10% | ||||||
| Comments | Government subsidized care home. Buyer must qualify.
Good Income + potential for increase revenue for the right person. |
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| Internet Links | |||||||
| Member Identifier | 2619 | ||||||
| Client Details | Passive Investor | ||||||
| Control | Exclusive | ||||||
| Name | Lino Reyes | ||||||
| Title | Salesperson | ||||||
| Company Name | Realty Associates Inc., Brokerage | ||||||
| Address Line One | 1055 McNicoll Ave. | ||||||
| City | Toronto | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | M1W 3W6 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (416)293-1100 | ||||||
| Cell Number | 416-562-9601 | ||||||
| Home Number | 416-562-9601 | ||||||
| FAX Number | 416-293-6700 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
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