American HealthCare Capital is pleased to present an opportunity to acquire a 7-acre, pre-development plot of land in Northern California that is fully licensed and permitted to become a 136,000 sq ft, 155-unit, 185 bed assisted living facility. The company was formed by industry outsiders who have never developed assisted living facilities before. Rather than commence with their build out plans, they are selling to allow someone more experienced to take over and ensure its success. The land is fully paid for, has no debt, and is shovel-ready.
Once built, this assisted living facility can attract premium clientele due to its great climate and prime location that is close to beaches, parks, and Silicon Valley. The founders have identified developers and operators, and have a detailed operational plan outlining how the completed facility could function.
The asking price for this opportunity is $7 million.
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.