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1310 SW 12th Ave 4,183 SF Health Care Building Offered at $865,653 at a 7.50% Cap Rate in Ontario, OR 97914
INVESTMENT HIGHLIGHTS
- Opportunity to purchase NNN-leased investment with a seasoned operator
- Term of lease runs through December 2034
- 10-year NNN lease with lease extension options for additional 10 years
- 3% annual rent increases
EXECUTIVE SUMMARY
Berkadia Boise is pleased to present a well-established net leased property located at 1310 SW 12th Ave in Ontario, Oregon. Built in 1998, this property is part of an Assisted Living Portfolio, offering the flexibility to be acquired individually or as part of a larger portfolio.
The principals of the current tenant bring over 20 years of experience in senior living, having previously been involved with Ashley Manor. Strategically situated in the rapidly expanding Boise Metropolitan Statistical Area, the facility benefits from the region's diverse economy and strong population growth projections.
The principals of the current tenant bring over 20 years of experience in senior living, having previously been involved with Ashley Manor. Strategically situated in the rapidly expanding Boise Metropolitan Statistical Area, the facility benefits from the region's diverse economy and strong population growth projections.
PROPERTY FACTS
| Price | $865,653 | Building Size | 4,183 SF |
| Price Per Bed | $61,832 | No. Beds | 14 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.50% | Year Built | 1998 |
| Property Type | Health Care | Opportunity Zone |
Yes
|
| Lot Size | 0.31 AC | ||
| Zoning | O-RM | ||
| Price | $865,653 |
| Price Per Bed | $61,832 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Health Care |
| Lot Size | 0.31 AC |
| Building Size | 4,183 SF |
| No. Beds | 14 |
| No. Stories | 1 |
| Year Built | 1998 |
| Opportunity Zone |
Yes |
| Zoning | O-RM |
1 1
PROPERTY TAXES
| Parcel Number | 15835 | Improvements Assessment | $309,743 |
| Land Assessment | $85,218 | Total Assessment | $394,961 |
PROPERTY TAXES
Parcel Number
15835
Land Assessment
$85,218
Improvements Assessment
$309,743
Total Assessment
$394,961
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1310 SW 12th Ave
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