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Are you looking to step into your own business that could pay you $70,000 per year plus pays
both mortgages on your new elder care properties?
Surround yourself with the beautiful Pacific Northwest
lifestyle.
Eureka's Coziest Senior Community featuring the finest organic home cooking in Humboldt County is
for sale.
2 for the price and effort of 1: Two properties - One business operation
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Historical Victorian 4-plex
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Duplex with room for expansion
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In the beautiful Pacific NW
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Senior living with the comfort of home, not the atmosphere of an institution. Suites, private
rooms and companion rooms available. Options include senior independent living, assisted, and memory care.
Organic foods offerred. Menus include resident choices and special diets. Three meals and snacks offered daily
Custom nutritional plan available
Wander protection system alerts staff when resident exits the community
Senior/Emeritus
University Classes of individual interest available
Cultural entertainment
Computer/internet available
Daily
mental stimulation exercises
Laundry and housekeeping services
Individual and group exercise programs
Cable
and telephone hook-ups in each room
Medication administration and management
Incontinence management
Turn-key business developed by C.P.A. and experienced property management owner with a long-term
plan. Now, due to sudden health problems, we must sell as soon as possible. We've done the hard part -- renovated
the properties, researched demographics, identified niche, navigated the licensing process, marketed within the community,
implemented current industry best practices, and ... filled to capacity!
Since opening census has been stable,
often with a waiting list. All clients are active and private-pay. Sellers enjoy a great reputation in the community,
with clients' families and within the industry. Properties are well-maintained, zoned multi-faimly, and separated
only by an alley. Comfortable home-like environment. Activity room adjacent to dining area for socializing.
Tailored activity programs based upon each resident's physical and mental abilities. Custom dietician-approved
food program with organic foods as approved by residents' doctors. Independent living includes daily meals, housekeeping,
and weekly laundry. 3,900 square feet of living space, 16,500 square feet of land.
Victorian 4-Plex is home to 5 seniors enjoying Independent Living downstairs, as well as 2 traditional
1-bedroom apartment rentals upstairs. Rents have not been increased for over 18 months and have great potential.
The entire 4-plex evolved from a gutted historical monument as one of the 100 oldest homes in Eureka to a fully restored,
newly renovated Victorian. This property has room to expand, beautiful curb-side appeal, a detached 2+ car garage and
5 additional gravel parking spots. Based upon open space requirements and current zoning, provided the street front
stays unchanged, this building has room for expansion.
Across the alley from the 4-plex... the Duplex/SFH licensed
6-bed RCFE (lic#126801909) is set on back of the lot with an additional 80'x50' lot space for expansion, zoned
for up to 4 units, complete with a sketch from the city of allowable additional building dimensions. The entire lot
is fenced, thus ideal for assisted living care including dementia. Seller-carry financing for $250,000 is included,
as well as architectured plans for expansion. Full business operation plans, including operation manuals, policies and
procedures, training videos, written training materials, exams, business operations, computer programs and computer are
included for full turn-key operation.
EBTIDA $119,628
annualized e prior earnings are not an indicator of future performance e interest rate 7% upon lender approval for seller-carry portion
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