This Health Care Property is no longer advertised on LoopNet.com.

625 Barbara Drive
Grants Pass, OR 97526
Health Care Property For Sale · 15 Beds

Investment Highlights

  • Fully licensed 15-bed Residential Care Facility
  • 2025 verified NOI of $255,787 (14.62% cap) with clear upside path
  • Strong private-pay revenue mix with stable referrals
  • 17.19% projected 2026 cap rate with 14th bed recently added
  • One remaining bed = $50K revenue upside to 19.76% cap at full occupancy
  • Situated on 7.95 private, park-like acres

Property Facts

Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Center
  • Healthcare Skilled Nursing Facility
Lot Size 7.95 AC
Building Size 6,751 SF
No. Beds 15
No. Stories 2
Year Built/Renovated 1970/2023
Zoning RR-5 - Rural Residential (RR-5). Property is licensed and operating as a residential care facility under state approval.

Amenities

  • Wheelchair Accessible
  • Smoke Detector
  • Backup Power / Generators

About 625 BARBARA DRIVE , GRANTS PASS, OR 97526

Forest Meadows Residential Care Facility is a fully licensed 15-bed residential care facility currently operating at 100% occupancy with all licensed beds filled. Operations are stabilized, and financial performance reflects in-place revenues and expenses rather than projections. Trailing twelve-month operations reflect approximately $975,000 in annual gross revenue with operating expenses of approximately $454,754, resulting in net operating income of approximately $520,246. At the $1,750,000 asking price, this represents a 29.73% cap rate based on verified operating performance. The facility benefits from a fixed-cost operating structure, allowing incremental revenue to flow primarily to the bottom line as rates and occupancy have increased. Recent reimbursement rate adjustments and payer mix changes are fully implemented and reflected in current financials. The property is situated on approximately 7.95 acres just outside Grants Pass and includes approximately 8,001 square feet, including private caregiver quarters. The sale includes the real estate, licensed operating business, and established care model, including cannabis-focused treatment protocols where permitted. Detailed financials and supporting documentation are available with an executed NDA.

Room Mix Information

Description No. Beds
Licensed Care Facility 15

Property Taxes

Property Taxes

Parcel Number
R317805
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$761,460
  • Listing ID: 38830363

  • Date on Market: 12/19/2025

  • Last Updated:

  • Address: 625 Barbara Drive, Grants Pass, OR 97526

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