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8955 SW Club Meadow Ln
Portland, OR 97225

$1,999,900 USD

Continuing Care Retirement Community For Sale  •  2,850 SF

Property Details

  • Property Type Continuing Care Retirement Community
  • Total Building Size 2,850 SF
  • Lot Size 0.26 AC
  • Year Built 1990
  • Zoning R-5
0 Transit Score
67 Walk Score

Description

Great business opportunity in SW Portland! This beautifully updated, one-level home features two separate living areas to create an environment ideal for adult care. There are five bright and airy bedrooms with attached bathrooms for residents, a spacious common area, a modern kitchen, wheelchair-accessible showers, and a separate living quarter for the operator. Situated on a large lot at the end of a quiet, no-through-traffic street, the space includes covered outdoor areas perfect for relaxation and entertainment. This property hosts a successful Adult Care Home with a proven history and impressive income. The sale price includes the business setup—furniture, appliances, and equipment. Additionally, the sales price covers a 321 sq. ft. addition to be completed before closing, further enhancing the property's value. The seller is available to assist with training to aid a smooth transition. 
Please note: The Adult Care Home license is not transferable.
Don’t miss this incredible opportunity to own a thriving Adult Care Home in a desirable location!

Property Flyers

Financial Summary (Actual)

Net Operating Income: $221,162 USD (2023)
Total Expenses: $323,838 USD

Public Transportation

Commuter RailDriveWalkDistance
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 5 min - 1.9 mi
Hall/Nimbus (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 6 min - 3.4 mi
AirportDriveWalkDistance
Portland International 32 min - 19.2 mi
Cornell Mann 503-939-7146 Great Western Real Estate Co
Cornell Mann 503-939-7146 Great Western Real Estate Co