625 Barbara Drive, Grants Pass, OR 97526
sale
$1,750,000
|
Other
Courtesy Of RE/MAX Ideal Brokers Medford, Inc.
Excellent opportunity to acquire a thriving, licensed Residential Care Facility offering proven stability and strong financial performance. Forest Meadows RCF features 10 bedrooms accommodating up to 15 residents, including private caregiver quarters. Extensively updated with a 50-year roof, four new HVAC systems, a remodeled kitchen, new flooring, and a 1,728 sq ft shop/garage. Situated on 7.95 park-like acres just outside Grants Pass, the facility currently serves 13 residents and generates robust annual revenue, yielding a 15.8% cap rate. Previously approved county expansion plans are available, offering excellent growth potential. Strong community and VA referral relationships ensure consistent occupancy. Real estate and business are offered together. Financials available with signed NDA.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Heat Pump
- Cooling System: Central Air
- Exterior Type: Frame
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- MLSID: 220212462
- Parking Spaces: 50
- Roof Type: Composition
- View Type: Territorial
- View Type: Forest
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