Turnkey, High-Growth RCFE Opportunity
Property Description
Presenting an impeccably designed and newly constructed (2024) 30-bed Residential Care Facility for the Elderly (RCFE). This facility sets a new standard for senior living, distinguished by its striking, non-institutional design that provides a genuinely warm, home-like atmosphere—a characteristic that has been enthusiastically praised by the Department of Social Services (DSS).
The investment is uniquely positioned for immediate growth, with ALW (Assisted Living Waiver) approval projected within the next three months, unlocking access to a high-demand patient base. Additionally, the facility holds five valuable hospice waivers. Being brand-new, the property requires zero immediate capital expenditure, offering a smooth transition to full operation. Recent appraisal valued the property well above the current asking price, securing immediate equity for the new owner. This is an ideal acquisition for an operator seeking a premium, high-potential asset in the RCFE space.
The investment is uniquely positioned for immediate growth, with ALW (Assisted Living Waiver) approval projected within the next three months, unlocking access to a high-demand patient base. Additionally, the facility holds five valuable hospice waivers. Being brand-new, the property requires zero immediate capital expenditure, offering a smooth transition to full operation. Recent appraisal valued the property well above the current asking price, securing immediate equity for the new owner. This is an ideal acquisition for an operator seeking a premium, high-potential asset in the RCFE space.
About the Property
- Type
- Multi-Family
- Building Status
- Established
- Facilities & Assets
- This facility sets a new standard for senior living, distinguished by its striking, non-institutional design that provides a genuinely warm, home-like atmosphere
- Location Description
- This is a great property with excellent features and a great location.
- Current and Prior Use
- Assisted Living Facility
- Year Built
- 2024
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Creative financing might be considered.
Listing Info
- ID:
- 2419202
- Listing Views:
Listing ID: 2419202 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.