Average square foot calculated using Size range provided by listing agent.
Description
Lakeside Manor is a 32 Bed, free standing Residential Health Care Facility licensed by the State of New Jersey Department of Community Affairs to provide personal care to up to 32 residents. Fully staffed, it allows residents to enjoy their short or long term occupancy. The facility has just received its 2025 DCA State License in March, this being the 10th year of ownership and approved licensing. Located in Elmer, Salem County, Lakeside Manor sits across from Elmer Lake providing a tranquil, peaceful setting. As currently structured, Lakeside Manor produces a Cap Rate of over 12% with a possibility of increasing the profitability, including but not limited to an additional revenue opportunity for mental health professionals [with assigned NPI number] to bill Medicare/Medicaid under Fee for Services. Well established and stable facility that has been well kept for a decade of current ownership.Show Description
MLS® NumberNJSA2014694
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1890
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatForced Air, Oil
A/CCentral A/C, Electric
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing