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740 Lake Blvd
Redding, CA 96003
Confidential - Assisted Living Facility · Health Care Property For Sale · 17 Beds

INVESTMENT HIGHLIGHTS

  • Well-operated with Strong Earnings
  • Depending on Level of Care, Rates Average $3,700 per bed
  • Niche Market - Between Large Corporate Facilities and Smaller Facilities Operated Out of Converted Residential Homes
  • All Beds Under One Roof, Single Level
  • Niche Market - Between Large Corporate Facilities and Smaller Facilities Operated Out of Converted Residential Homes

PROPERTY FACTS

Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 0.68 AC
Building Size 4,827 SF
No. Beds 17
No. Stories 1
Year Built 2007
Zoning Residential Multi-Family

ABOUT 740 LAKE BLVD , REDDING, CA 96003

~~DO NOT DISTURB TENANTS! SHOWINGS MUST BE SCHEDULED THROUGH LISTING BROKER!~~ Senior Assisted Living Business located within a 10 year old modern facility that was designed and built for its present use. This well-maintained and operated facility presently has *15 private rooms, Jack-and-Jill bathrooms, common dining area, living area, and covered patio seating. RCFE license approved for Dementia, Total Care, and Hospice. The facility has a wonderful reputation for providing excellent care and quality of life. *Facility has been operated with 15 beds. Two additional rooms were not previously utilized for residents. Minimal modifications necessary for potential 17-bed license. All income and expense projections are based upon 17 beds. Contact Agent for Confidentiality Agreement for more information

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
113-100-027-000
Land Assessment
$216,485
Improvements Assessment
$1,141,965
Total Assessment
$1,358,450
  • Listing ID: 14167036

  • Date on Market: 10/23/2018

  • Last Updated:

  • Address: 740 Lake Blvd, Redding, CA 96003

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