Log In/Sign Up
Your email has been sent.
9473 Heathman Way - Heathman Residential Care 2,675 SF Health Care Building Offered at $849,000 at a 5.87% Cap Rate in Elk Grove, CA 95624
INVESTMENT HIGHLIGHTS
- Reputed tenant
- Quiet neighborhood
- Tenant willing to stay long term
EXECUTIVE SUMMARY
Tremendous opportunity to own a residential care facility for the elderly. This home had its third car garage modified into a fifth bedroom to accommodate a total of six patients. Bathrooms are all ADA friendly equipped with grab bars home has multiple fire exits and is fully equipped to run a care home business .
Currently tenant is a well known reputable business that provides care and comfort for dependent citizens. (The business does not convey with the facility). Tenant has two more years, left on their contract and would like the opportunity to stay and is willing to entertain paying a higher lease payment with a new owner. Tenant pays all utilities and water. They do an amazing job maintaining the home addressing any deferred maintenance (if any)
Currently tenant is a well known reputable business that provides care and comfort for dependent citizens. (The business does not convey with the facility). Tenant has two more years, left on their contract and would like the opportunity to stay and is willing to entertain paying a higher lease payment with a new owner. Tenant pays all utilities and water. They do an amazing job maintaining the home addressing any deferred maintenance (if any)
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$49,800
|
$18.62
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $49,800 |
| Annual Per SF | $18.62 |
PROPERTY FACTS
| Price | $849,000 | Lot Size | 0.16 AC |
| Price Per Bed | $169,800 | Building Size | 2,675 SF |
| Sale Type | Investment | No. Beds | 5 |
| Cap Rate | 5.87% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 2000 |
| Property Type | Health Care | Parking Ratio | 0.75/1,000 SF |
| Property Subtype | Assisted Living | ||
| Zoning | RD-5 | ||
| Price | $849,000 |
| Price Per Bed | $169,800 |
| Sale Type | Investment |
| Cap Rate | 5.87% |
| Sale Condition | 1031 Exchange |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Lot Size | 0.16 AC |
| Building Size | 2,675 SF |
| No. Beds | 5 |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | RD-5 |
AMENITIES
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| RCFE | 5 |
1 1
1 of 45
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
9473 Heathman Way - Heathman Residential Care
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.