625 Barbara Drive - Assisted Livings FOR SALE


Grants Pass, OR 97526
$1,750,000 USD
541-218-7762
625 Barbara Drive, Grants Pass, OR for Sale
$1,750,000 USD
Assisted Livings - FOR SALE
1/99
null | 25% Cap Rate

625 Barbara Drive
Grants Pass, OR 97526


HIGHLIGHTS

  • Fully licensed 15-bed Residential Care Facility
  • 17.19% projected 2026 cap rate with 14th bed recently added
  • 2025 verified NOI of $255,787 (14.62% cap) with clear upside path
  • One remaining bed = $50K revenue upside to 19.76% cap at full occupancy
  • Strong private-pay revenue mix with stable referrals
  • Situated on 7.95 private, park-like acres

OVERVIEW

Licensed Residential Care Facility offered with real estate and operating business. Forest Meadows Residential Care Facility is a fully licensed 15-bed facility currently operating at 100% occupancy with all beds filled. Current operations reflect stabilized performance following recent reimbursement rate increases and a payer mix shift. Verified trailing twelve-month revenue reflects approximately $975,000 in annual gross income, with operating expenses remaining largely consistent, resulting in net operating income of approximately $520,000. The facility benefits from a fixed-cost operating structure, with incremental revenue flowing primarily to the bottom line. Financial performance reflects actual in-place operations, not pro forma or projected assumptions. The property is situated on approximately 7.95 park-like acres just outside Grants Pass and includes approximately 8,001 square feet with private caregiver quarters. The sale includes both real estate and an operating business. Detailed financials, including supporting documentation and normalized operating results, are available with an executed NDA.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Continuing Care Retirement Com, Rehabilitation Center, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.95 AC

LAND SF

346,302 SF

ZONING

RR-5

APN/PARCEL ID

R317805

ASK ABOUT THIS PROPERTY

Michael O'coyneRE/MAX IntegrityMore Info
541-218-7762

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Michael O'coyneRE/MAX IntegrityMore Info
541-218-7762

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.