48 W 700 S - Rosecrest Assisted & Independent Living 4,319 SF Health Care Building Offered at $999,999 at a 17.93% Cap Rate in St George, UT 84770

A rare opportunity for an owner-operator to step into a well-established, licensed assisted living facility in the heart of St. George. Rosecrest Assisted & Independent Living is an established Level 1 home including real estate, offering 12 licensed beds within a clean, efficient 4,319 SF facility—ideal for hands-on operators seeking to own both the business and the underlying property.
The facility is currently 66% occupied and generates strong, consistent income with additional upside potential through improved marketing, increased occupancy, and optimized private-pay rates. Annualized 2025 financials project over $179,000 in Seller’s Discretionary Earnings (SDE), providing immediate positive cash flow and a 15.26% cap rate at the current asking price.
Rosecrest offers a comprehensive range of resident services, including personal care, medication management, meals, housekeeping, and structured activity programs, all supported by a trained caregiving staff. The smaller bed count allows for personalized, high-quality care and streamlined operations, making this an excellent fit for an owner who wants to be actively involved without managing a large-scale facility.
Situated on a C-2 Highway Commercial lot, the property is conveniently located near medical providers, shopping, and essential amenities. Originally built in 1973 and renovated in 1992, the building is well maintained and features a mix of private and shared rooms, a communal dining area, and inviting outdoor living spaces.
Designed for owner-operators rather than passive investors, Rosecrest presents a compelling opportunity to acquire a manageable assisted living facility with stable income today and growth potential for the future.