$800,000
Stanford Lodge of Sunfield
Details
Property Type Senior Living
Sub Type Adult Foster Care
Square Footage 7,890
Units 20
Beds 20
NOI $13,345
Occupancy 55%
Tenancy Multi
Price per SqFt $101
Year Built 1986
Buildings 1
Acreage 4.010
Investment Type Value Add
Ownership Land, Real Estate, Business
Senior Living | 7,890 SqFt
Marketing description
Stanford Lodge of Sunfield is a 7,890-square-foot adult foster care facility situated on 4.01 acres in Sunfield, Michigan - an area that offers a quiet, rural setting with a close-knit community, making it an ideal location for adult foster care services. Listed at $800,000, this facility has a projected year-end 2025 EBITDAR of $85,521 and a current occupancy rate of 55%, presenting an opportunity for revenue growth through increased occupancy.
Investment highlights
- Stanford Lodge of Sunfield is more than just an adult foster care facility—it also includes three leasable apartments as part of the sale, providing additional revenue opportunities. These units offer flexibility for potential buyers, whether as independent rentals, staff housing, or extended care accommodations. With built-in leasing potential, the property presents an attractive investment in both senior care and real estate income.
- Stanford Lodge of Sunfield's low occupancy rate of 55% presents a significant value-add opportunity for potential investors. By increasing occupancy, new ownership can unlock additional revenue streams and improve overall profitability. This underutilization offers room for operational growth, making it an attractive investment opportunity. With strategic management, filling vacant units could significantly boost revenue and overall operational efficiency.
- Having both private and publicly funded tenants at Stanford Lodge of Sunfield ensures financial stability and a diversified revenue stream. Private-pay residents often bring higher rates, while publicly funded tenants provide consistent occupancy through government programs. This balanced mix can help mitigate financial risks, enhance cash flow, and ensure long-term sustainability for the facility.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$13,345.00
$1,112.08/mo
Valuation Metrics
0
DSCR
1.67%
Cap Rate
1.67%
ROI
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