Adult Residential Facility For Sale
Location Oklahoma,United States
Asking Price Range $500K - $1.0M
Gross Revenues $320000
Net Profit / Cash Flow $170000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1987
Number of Employees 4 - 5
Inventory $100,000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Description On a generous 2.5 acres of land, this ARF is a home of 32 MI residents. This Adult Residential Facility has been in business for over 13 years with approximately $320,000 annual gross income. Net annul income is approximately $ 170,000! Great real estate and business investment! Business and the real estate are to be sold together at $1.1 million with a cap rate of 15%!
The main house is 2,600 sq. ft. with 6 bedrooms, 4 baths, a beauty shop, 2 living rooms, and a fun game room. The 2nd house is 1,300 sq. ft. with 3 bedrooms, 1 bath, living room, and bonus sitting area. In this loving community, there stand also four cottages:
Cottage I: 1,080 sq. ft., 3 bedrooms, 1 bath, and sitting area
Cottage II: 350 sq. ft., 2 bedrooms, and 1 bath
Two individual living cottages with 1 bedroom, 1 bath, and its own sitting area
The residents eat at a dining hall of 2,100 sq. ft. with kitchen, pantry, 1 bathroom and employee's offices. There are also a separate laundry building, 1 storage building, 2 sheds, and a barn with farm animals.
Business & real estate all together for only $1.1 million! Email or call Sunny Han at (626) 264-8121 for more information on this ARF for sale.
Click Here To Contact Seller
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