American Healthcare Capital is pleased to introduce a $1.3 Million RCFE Portfolio for sale in Southern California (Ventura county). The portfolio is made up of 4 facilities that are strategically placed in attractive, affluent communities with demographics that support the private-pay, non-medical, senior housing model. Services include 24-hour aide care, daily housekeeping, laundry services, medication management, meals, transportation coordination, and much more. This is also a turn-key operation with in-place management and a staff with tenured operational experience.
The payer breakdown is 100% Private Pay. Combined, there are a total of 24 beds (6 per each facility), and the occupancy rate is 93%. For Trailing 12 months ending October 2017, the company has generated $1,200,649 in revenue with an adjusted EBITDAR of $484,142. For the full year 2017, they are on pace to generate approximately $1.3 Million in revenue with a comparable adjusted EBITDAR (40%). There are also expansion opportunities readily available.
The seller is asking $4.4 Million for the business opportunity and the real estate, which is based on a 10.5% 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.