73685 Catalina Way | Palm Desert, CA 92260
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- LoopNet Team
73685 Catalina Way
Palm Desert, CA 92260
Legend Gardens · Health Care Property For Sale
·
71 Beds
INVESTMENT HIGHLIGHTS
- Attractive Pricing: Offered at $5,250,000, approximately 50% below SSF’s stabilized value.
- Flexible Financing Options: Underwritten for high-leverage SBA financing, HUD/Bridge-to-HUD financing, or conventional bank/insurance financing.
- Revenue Potential: Projected stabilized Pro Forma Revenue of $3,600,000 with $834,000 in EBITDAR.
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 71 |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1998/2018 |
| Lot Size | 0.62 AC | Tenancy | Single |
| Building Size | 12,918 SF | Parking Ratio | 1.55/1,000 SF |
| Zoning | R-3 with SO - Residential Single-Family (R-2) with a Senior Overlay (S.O.), supporting prior assisted living and memory care use. Potential alternative uses (e.g., | ||
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 0.62 AC |
| Building Size | 12,918 SF |
| No. Beds | 71 |
| No. Stories | 1 |
| Year Built/Renovated | 1998/2018 |
| Tenancy | Single |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | R-3 with SO - Residential Single-Family (R-2) with a Senior Overlay (S.O.), supporting prior assisted living and memory care use. Potential alternative uses (e.g., |
AMENITIES
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 627-114-011 | Improvements Assessment | $2,711,386 |
| Land Assessment | $451,013 | Total Assessment | $3,162,399 |
PROPERTY TAXES
Parcel Number
627-114-011
Land Assessment
$451,013
Improvements Assessment
$2,711,386
Total Assessment
$3,162,399
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