American Healthcare Capital is pleased to introduce a $2.4 Million RCFE Portfolio for sale in Northern California (Granite Bay, CA). The portfolio is made up of 2 facilities located on an adjoining lot, for ease of management, 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 12 beds (6 per each facility), and the occupancy rate is 95%. For trailing 12 months ending Oct 2017 the company generated $710,155 in revenue with an adjusted EBITDAR of $274,376. In 2017, they are on pace to generate approximately $757,000 in revenue with a comparable adjusted EBITDAR (40%). There are also expansion opportunities readily available.
The seller is asking $2.4 Million for the business opportunity and the real estate, which is based on a 11.4% 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.