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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26336788

route 9, south Howell, new jersey, Howell, NJ 07731 For Sale

IH
NJ 0789304
Keller Williams Realty West Monmouth
Listed by Keller Williams Realty West Monmouth
$275,000
341 days on market
Updated 27 days ago

28 Years old Internal Medical Practice for sale

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 2,400
Net Rentable (SqFt) 2,400
Units 1
Cap Rate 98.18%
NOI $270,000
Pro-Forma Cap Rate 98.18%
Pro-Forma NOI $270,000
Class B
Investment Type Value Add

Medical Practice for Sale - Business Only

Marketing description

This well-established Internal Medicine practice provides a Solid ROI % return on investment. In 28 years, the clinic saw approximately 5 new patients a month and has assisted 2,300 clients in the area since 1997 — all without any marketing.

The privately owned clinic was established in 1997 and serves the Monmouth and ocean county region. The company provides outstanding patient care, including complete physical exams, disease diagnosis, treatment, preventive care, many procedures, referral to specialist when needed and telemedicine.

The clinic operates within a 2400 square foot, one level building attached to the bank specifically built for medical practice, which is leased by the Seller. The facility includes only one provider office, 6 exam rooms, a waiting area, a reception area, a staff lounge, 2 restrooms, and 3 storage rooms. The clinic is open 4 days a week from 8:00 am to 7:00 pm, accepting both appointments and walk-ins.

This medical practice is not tied to a franchise or hospital, allowing the company the freedom to operate as a private practice and see clients as they wish. Potential growth opportunities

Investment highlights

Please call 516.428.7620 for more information….

Listing Contacts

IH
NJ 0789304
Keller Williams Realty West Monmouth
Listed by Keller Williams Realty West Monmouth

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$270,000.00
$22,500.00/mo

Valuation Metrics

0
DSCR
98.18%
Cap Rate
98.18%
ROI

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Additional Information

Name
Iftikhar Haq
License
0789304
Brokerage
Keller Williams
Brokerage Phone
5164287620
Title
BROKER ASSCOCIATES
Brokerage Address
3435 U.S. 9
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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