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32224029
32223991

12255 3rd Street, Yucaipa, CA 92399 For Sale

TS
CA 01476029
Pellego
Listed by Pellego
$5,000,000
79 days on market
Updated 14 days ago

12255 3rd Street

Details
Property Type Multifamily, Senior Living (+1)
Sub Type Apartment Building, Rcfe
Square Footage 16,000
Units 13
Beds 66
Tenancy Vacant
Rent Bumps No
Pro-Forma Cap Rate 7%
Pro-Forma NOI $350,000
Price per SqFt $313
Class A
Year Built 2026
Year Renovated 2026
Buildings 1
Lot Size (SqFt) 33,149
Zoning Multifamily
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Exceptional Investment Opportunity: New Construction Senior Living Facility in Yucaipa

Marketing description

This is a rare opportunity to acquire a 16,000-square-foot state-of-the-art facility, meticulously designed to redefine high-end senior living. Scheduled for completion in late June, this brand-new construction offers the perfect blend of modern luxury and functional healthcare design.

While currently positioned as a premier 55+ community, the builder has proposed a seamless conversion to a 66- 70-bed Residential Care Facility for the Elderly (RCFE). This versatile asset is built to exceed industry standards and is poised for high profitability in an underserved market.

Key Features & Specifications:

  • Premium Construction: No detail has been overlooked. The building features high-quality materials and contemporary finishes throughout, ensuring a sophisticated environment for residents and long-term durability for owners.
  • Fully ADA Compliant: Designed for maximum accessibility, every bathroom in the facility is fully ADA compliant.
  • Healthcare Optimized Logistics: The building is equipped with a large, high-capacity elevator designed specifically to accommodate a gurney, ensuring seamless medical transport and resident safety.
  • Expansion & Conversion Potential: The builder’s proposal for a 66- 70-bed RCFE configuration maximizes the footprint for optimal revenue generation.
  • Favorable Zoning Outlook: The seller is currently in the process of applying for a Conditional Use Permit (CUP). Preliminary discussions with the City have been highly positive, with no anticipated obstacles to approval.

Investment highlights

This property represents an "absolute gorgeous" turnkey solution for operators looking to expand their portfolio or investors seeking a high-yield asset. Once licensed and stabilized, the facility’s scale and modern amenities will position it as a leader in the local RCFE market.

Anticipated completion is set for August 2026. Contact us today to review the floor plans, construction specs, and conversion proposal.

Listing Contacts

TS
CA 01476029
Pellego
Listed by Pellego

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Additional Information

Name
Teri Szoke
License
01476029
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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