191 Wayview Ct - Assisted Livings FOR SALE


Ventura, CA 93003
$3,850,000 USD
191 Wayview Ct, Ventura, CA for Sale
$3,850,000 USD
Assisted Livings - FOR SALE
1/5
null | Request Cap Rate

191 Wayview Ct
Ventura, CA 93003


HIGHLIGHTS

  • Ventura RCFE – Upscale Westside Location-

OVERVIEW

Prime 18-Bed RCFE Portfolio for Sale in Ventura & Camarillo Attention Assisted Living Operators! Seize the rare opportunity to own a high-performing Residential Care Facility for the Elderly (RCFE) portfolio in the thriving Ventura County market. This three-property portfolio boasts 18 total licensed beds across Ventura and Camarillo, two of Southern California’s most desirable coastal communities. All 3 properties are filed under a single tax return making the purchase financing of the collection achievable with SBA. 8 bedrooms and 2, 6-bedroom homes. All 3 properties have rooftop solar power systems. All 3 RCFE Licenses are for non-ambulatory and have 6 hospice waivers at each location. Presently the homes are generating approx. $90,000/ mo with 4 vacancies. The homes can easily generate $110,000-$130,000 or more depending on the level of care being provided. Very experienced, well trained and reliable staff to ensure a seamless transition allowing the buyer to run the business semi absentee. The seller has 3 years of tax returns filed and the homes qualify for SBA financing for a well-qualified buyer. DO NOT DISTURB OCCUPANTS. Seller is very aware of the showing process. Operator has invested significantly to maintain and upgrade these properties. Each home has great attributes, and they all attract above average paying clients for assisted living and residential care for elderly services in coastal Ventura. approx.$3,300,000 gross income the past 3 years tax returns. 3 Year average: $1,090,000. Call for more details. Property Highlights: Ventura RCFE – Upscale Westside Location- $1,650,000 Property $250,000 Business. $7,300 Average client rate Situated in a prestigious neighborhood. • Offers 8 bedrooms, extra-large private resident rooms, upgraded and modified to care for the frail elderly • Features include: Multiple Walk in/ Wheel in showers o Gourmet kitchen & spacious entertainment area o Expansive covered patio & manicured garden o Solar backup system for power reliability o Immaculately maintained inside and out Camarillo RCFE #1 – Renovated kitchen, cabinets, counters, fixtures and plank flooring-All Modern $1,100,000 Property $225,000 Business • Located in highly sought-after Mission Oaks • Fully updated with: o Contemporary plank flooring, stone countertops, and designer backsplash o New appliances throughout o Private rooms, full fire sprinkler system, and solar power Camarillo RCFE #2 – Cozy, Elegant, and Nearby- $1,100,000 Property $150,000 Business • Just walking distance from RCFE #1 • Offers a warm, boutique feel with: o Private rooms and stunning curb appeal o Solar power and Tesla battery backup system o Easy cross-management with neighboring property Investment & Financials: • Portfolio Gross Revenue: ~$1.1M annually • Ideal for expansion-minded RCFE operators • SBA financing and non-traditional loans available • All properties are fully compliant and operational

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$1,151 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R1-10

APN/PARCEL ID

065-0-263-015

ASK ABOUT THIS PROPERTY

Matt HustadEngel & VolkersMore Info

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Matt HustadEngel & VolkersMore Info

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