Listed by Bob Lucido Team
$7,800,000
3523 Glenmore Ave
Details
APN 0327035668C011
Property Type Senior Living
Sub Type Assisted Living
Square Footage 4,851
Units 78
Occupancy 72%
Tenancy Multi
Price per SqFt $1,608
Year Built 2014
Buildings 7
Acreage 0.190
Zoning R-4
Parking Spaces 4 spaces
Parking per 1,000 SqFt 0.82
Ownership Fee Simple
Sale Condition N/A
Senior Living | 4,851 SqFt
Marketing description
This offering presents a unique opportunity to acquire seven assisted-living facilities along with the ongoing, fully furnished business operation. Built from the ground up by the current owners 15 years ago, the homes are being sold together as a complete package. Collectively, the facilities are licensed for 78 residents, with a current census of 56, reflecting 72% occupancy. Each community is certified with zero deficiencies and supported by a caring, attentive staff, providing meals and assistance with daily living activities in comfortable, park-like residential settings.
Investment highlights
- Seven assisted-living facilities sold as one bundled transaction with ongoing business operation
- Licensed for 78 residents with current occupancy of 56 residents (72% occupancy)
- Built from the ground up by current owners 15 years ago
- Each community certified with zero deficiencies
- Fully furnished facilities with caring, attentive staff
- Provides meals and assistance with daily living activities
- Pleasant Garden I (411 Chapelgate Lane) - licensed for 8, currently 5 residents
- Pleasant Garden II (409 S Chapelgate Lane) - licensed for 8, currently 4 residents
- Pleasant Garden Clover (5426 Clover Road) - licensed for 15, currently 12 residents
- Pleasant Garden Glenmore (3603 Glenmore Avenue) - licensed for 8, currently 6 residents
- Pleasant Garden Pinewood (3711 Pinewood Avenue) - licensed for 8, currently 8 residents (100% occupancy)
- Afternoon Tea (3523 Glenmore Avenue) - licensed for 16, currently 12 residents
- Phoenix Rising (6511 Rosemont Avenue) - licensed for 15, currently 9 residents
Listing Contacts
Listed by Bob Lucido Team
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Zoning
R-4 ResidentialSingle FamilyDetached And Semi Detached Residential
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