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995 N Oregon St 4,215 SF Health Care Building Offered at $649,193 at a 7.50% Cap Rate in Ontario, OR 97914
INVESTMENT HIGHLIGHTS
- Opportunity to purchase NNN-leased investment with a seasoned operator
- Term of lease runs through December 2034
- 10-year NNN lease with lease extension options for additional 10 years
- 3% annual rent increases
EXECUTIVE SUMMARY
Berkadia Boise is pleased to present a well-established net leased property located at 995 N Oregon St in Ontario, Oregon. Built in 1985, this property is part of an Assisted Living Portfolio, offering the flexibility to be acquired individually or as part of a larger portfolio.
The principals of the current tenant bring over 20 years of experience in senior living, having previously been involved with Ashley Manor. Strategically situated in the rapidly expanding Boise Metropolitan Statistical Area, the facility benefits from the region's diverse economy and strong population growth projections.
The principals of the current tenant bring over 20 years of experience in senior living, having previously been involved with Ashley Manor. Strategically situated in the rapidly expanding Boise Metropolitan Statistical Area, the facility benefits from the region's diverse economy and strong population growth projections.
PROPERTY FACTS
| Price | $649,193 | Lot Size | 0.36 AC |
| Price Per Bed | $64,919 | Building Size | 4,215 SF |
| Sale Type | Investment | No. Beds | 10 |
| Cap Rate | 7.50% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 1985 |
| Property Subtype | Assisted Living | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Zoning | O-C2 - Commercial Office | ||
| Price | $649,193 |
| Price Per Bed | $64,919 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 4,215 SF |
| No. Beds | 10 |
| No. Stories | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | O-C2 - Commercial Office |
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PROPERTY TAXES
| Parcel Number | 15907 | Improvements Assessment | $253,766 |
| Land Assessment | $29,607 | Total Assessment | $283,373 |
PROPERTY TAXES
Parcel Number
15907
Land Assessment
$29,607
Improvements Assessment
$253,766
Total Assessment
$283,373
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995 N Oregon St
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