Business Summary:
Assisted living Nursing Home for sale. Guaranteed 8% return on your investment.
The owner would like to sell this facility and lease it back from the new owner and then will continue to run the entire operation; this will be a triple-net lease. The Seller will inter into a contract to with a Buyer to sell the facility to the Buyer for $1,250,000 and will guarantee the Buyer an 8% return on this investment, he will also include an option to purchase it back after an agreed upon period of time.
Located in Baldwin County in South Alabama, the Seller has successfully operated this Nursing Home for 3–years, all with a positive cash flow. His experience includes three other Assisted Living Homes in Alabama that he owns and operates. He would like to sell to free up capital to for continued expansion in this growing health related industry.
The building has 8,260 sq. ft. and is situated on 3.85 acres. This 16-bed facility was appraised in June of 2007 for $1,520,000, after recent upgrades. The purchase is $1,250,000 plus the Buyer will get the guaranteed 8% return on this investment.
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