BEAUTIFUL, State-of-the-Art, 20 Unit Assisted Living Facility in Northern MN - 11190

Price
$4,270,000
Location
Industry
Category
Assisted Living
Description

Beautiful, new state-of-the-art, 20 unit assisted living facility in Northern Minnesota. 24/7 ADVANCED CARE living services to elderly seniors. Owners have been in the business for 17 years with a staff of highly skilled nurses with very little turnover. Owners ready to retire! Situated on 3.5 acres with an additional 5.2- and 3-acre parcels available to purchase separately. Priced to sell at $4,270,000 and includes FF&E and inventory. For more information, please contact Jim Underwood at 218-929-7527 or email Junderwood@calhouncompanies.com.

Licenses Required: 
Comprehensive Home Care License
A Housing with Services Registration
Two Small Operator Board and Lodging Licenses
Clinical Lab Improvement Amendments Certification (C.L.I.A)

Listing ID
11190
Value From Year
2018
Cash Flow
$584,253
Value of Real Estate
$2,517,000
Gross Sales
$1,389,871
Reason for Selling
Retiring
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
17
Full Time Employees
14
Part Time Employees
9

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