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73137 Somera Rd
Palm Desert, CA 92260

$199,000 USD

Assisted Living For Sale  •  3,100 SF

Property Details

  • Property Type Assisted Living
  • Total Building Size 3,100 SF
  • Lot Size 0.41 AC
  • Year Built 2004
  • Cap Rate 13.00 %
  • Zoning R1
0 Transit Score
12 Walk Score

Description

Turn-key 6- bed RCFE Business for sale. Gross income is 28,000/month.  Perfect turn-key operation in a great area. Buyer will sign new lease with landlord.  Due to confidentiality further information can be released upon signing non-disclosure agreement. In a great neighborhood  with Plenty high-paying clientele. Close to shopping centers, hospitals and parks...Just miles away from of largest retirement communities and reputable nursing homes. One of the houses is also included in this price. Seller is willing to help with initial training. Care givers can stay upon request. A total turnkey solution for investors or experienced RCFE operators for expansion. Hard-to-find luxury care home in a hot senior care market in a nice city in prestigious area.   CALL LISTING AGENT NOW FOR A SHOWING AND to CONFIRM DRIVING DIRECTIONS. DON"T DISTURB EMPLOYEES AND RESIDENTS. BY SELLER"S REQUEST, PLEASE DON"T DISCUSS THE TRANSACTION IN FRONT OF EMPLOYEES AND RESIDENTS DURING VISIT. OFF OF I -111.

Highlights

Great location
Turn-key operation
high occupancy with upside earning potential

Financial Summary (Proforma)

Net Operating Income: $150,000 USD (2019)
Cap Rate: 13.00 %
Total Expenses: $335,000 USD

Public Transportation

AirportDriveWalkDistance
Palm Springs International 24 min - 13.3 mi
Li Kingsberg 858-220-1065 Healthcare R&M
Li Kingsberg 858-220-1065 Healthcare R&M