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$3,750,000
Est. payment /mo
15,555 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 15,555 sqft
Price per Sqft $241
Subdivision West Flat
MLS® Listing ID SK982086
Originating Board Saskatchewan REALTORS® Association
Year Built 1964
Lot Size 5.000 Acres
Acres 217800.0
Property Sub-Type Freehold
Property Description
Amazing opportunity in the recession proof Care Home Industry. This 51 unit care home sitting on a beautiful 5 acre parcel within the city has been fully renovated and is in turn-key condition, including updated commercial kitchen and dining facilities. Within the property grounds there is also an extra 48 rental units in 7 buildings. Nursing home can accommodate residents requiring Level 1, 2 and 3 care. There are currently only 28 residents out 51 available spots in the nursing home and there are only 39 of 48 of the residential rental units occupied, so with the right management team the remaining units could be filled and the true value of the business can be realized. Financials are available upon request (id:24570)
Location
Province SK
Rooms
Kitchen 0.0
Interior
Heating Hot Water, Radiant heat
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by Royal LePage Icon Realty