Average square foot calculated using Size range provided by listing agent.
Description
Senior Living Care Home - Excellent Investment Opportunity. Two properties located across from each other. Both homes are fully leased. Each home generates rental income 32% above the local market average. Built-in annual rent increases of 4% mean revenue is projected to grow by an additional $600 each year, resulting in income that is 49% above market in the coming years. Investment Highlights: - Lease - built-in 4% increase annually. Tenant: Owner-operator of both RCFE businesses - Renewal Potential: with agreement. - Strong cash flow, a dependable tenant, and a growth trajectory well above typical market rates making it an attractive, income-producing asset for savvy investors. Whether you're a seasoned investor or exploring senior living investment opportunities, this is a unique chance to secure stable, dual-income properties with long-term potential. The large lot has the potential to add an ADU to grow your RCFE business. This aligns perfectly with California's rising demand for senior housing investments. See listing # 225104396Show Description