American Healthcare Capital is pleased to introduce an opportunity to purchase 2 Assisted Living Facilities with a total of 10 beds, located in Arizona. The properties are in pristine condition and include 24-hour aide care, memory care, daily housekeeping, laundry services, medication management, meals, transportation coordination, social activities, and more.
The payer mix is 100% Private Pay. Gross annual revenues were $379,350 in 2016 with an adjusted EBITDA of $176,579. They are on track to achieve approximately $390,000 in gross revenues in 2017. The facilities have a 100% occupancy rate.
Current owners are willing to be hired under management contract to run operations for new ownership. Staff will stay onboard and ownership will assist with a transition period.
The asking price for this opportunity including the real estate for both facilities is $1,175,000, based on a 13% cap rate.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.