Assisted Living Apartment Complex

File# C2369
Location: Mount Pleasant
Business Price: $200,000
Down Payment: Cash
Monthly Payment:NA
Interest Rate: NA
Amortization Period:NA
Gross Sales: $319,931
Source: 2016 Tax Return
Cash Flow: $90,304
Source: 2016 P&L
Inventory: TBD
Days Open: 7 days
Business Hours: 24 Hours
Seats: NA
Parking: ample
Licences Required:AFC
Year Established:2001
Year Acquired: 2001
Monthly Rent:NA

Profile:

We are pleased to present a 12-room, community-based adult living facility located in Isabella County, MI. Each room comes with its own private bathroom and kitchenette. Residences stay approximately 5 years. Residences enjoy the outdoor living space, daily activities, laundry and housekeeping services, and more. Built from the ground up in 2001 by its current owner, the home provides a peaceful, country setting for seniors who seek assistance. Well-manicured property with high pride of ownership. A new steel roof was installed in 2014. The large lot size provides future expansion and growth opportunities. Private pay. Residents pay approx. $2900 per month. A must see! Don’t miss out. Priced to sell. Make an appointment today to tour and purchase this great business opportunity.

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This information has been supplied to Broker, Capital 1 Commercial Group, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.