Very Large Purpose Built Residential Care Home
Location Spain
Asking Price Range $20.0M - $35.0M
Gross Revenues $6500000
Net Profit / Cash Flow $6500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2012
Number of Employees 1 - 3
Inventory 1800000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Bank repossesion.
Description RESIDENCIAL COMPLEX THIRD AGE TORREVIEJA Residential complex 3¦ Age live in warden assisted care home. Comprising of 11 built blocks, with gardens, sport, rehabilitation equipment, 57 car parking places with storage rooms, terraces-solarium, 118 rooms of 17m2, to take 247 people kitchen, dining rooms, halls, etc ..... All is registered in the Land Registry of the Property. It is had municipal license of activity to the operation of the Complex as Residence of the Third Age, granted the 27 of January of by the City council of Torrevieja. Price transaction: free of debts at the time of the transaction, at the moment the mortgage is cancelled with the selling bank. An independent banks value / appraisal of the building was $26 million.
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