8980 Joshua Ln - Assisted Livings FOR SALE


Yucca Valley, CA 92284
$1,675,000 USD
760-593-7653
8980 Joshua Ln, Yucca Valley, CA for Sale
$1,675,000 USD
Assisted Livings - FOR SALE
1/10
null | 5.61% Cap Rate

8980 Joshua Ln
Yucca Valley, CA 92284


OVERVIEW

================================================================================ Key Investment Highlights ================================================================================ - Proven Financial Performance * 2022 revenue: $448,152 * 4.5% increase from 2021 * Projected 5.5% increase in 2023 to $472,800 - Adjusted EBITDA with Seller Add-Backs * Adjusted EBITDA: $93,990 * Reflects $69,841 in add-backs + Depreciation + Interest + Discretionary expenses - Value-Add Potential * Increase revenue through: + Higher occupancy (from 80% to 90%) + Service expansion + Cost optimization - Strategic Location * Yucca Valley: Growing market for senior care * Community-focused demographic * Proximity to healthcare hubs like Palm Springs - California Subsidies * Access to 2025 state subsidies * $165 million in cost-sharing reductions for Covered California enrollees * Reduces healthcare costs - Strong Returns * Leveraged IRR: 12-15% * Equity multiple: 2.5x * Average cash-on-cash return: 17.7% over 5 years - Industry Growth * Senior care sector poised for expansion * Driven by aging population * Increasing demand for assisted living services ================================================================================ Business/FF&E and Real Estate included in Purchase Price Turnkey Assisted Living Facility / RCFE 12-Bed License (Ability to expand to 15-Bed License) Expansion Abilities: Ability to expand to 15-Bed Lic. by adding double occupancy in 3 of the current rooms Ability to add another structure on the property up to 3500 sf in size, which is already permitted with the city Building: 9-Bedrooms 7-Bathrooms (full bathrooms; sink, shower, toilet) 7,000 Sq Ft (seller converted the garage with City approvals) Solar panels, leased, covers all electrical needs. Includes two (2) Tesla Powerwall batteries | See details 1.60 Acre Lot Zero advertising budget Profitable business Upside to increase revenue/cost per bed - ***Call Listing Broker for scheduling viewing property.? DO NOT GO TO PROPERTY UNLESS YOU SCHEDULED WITH LISTING AGENT. Do not talk to employees nor clientele.? All per Sellers request.***

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

5.61%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turnkey | 12-Bed. Lic (Expnd to 15-Bed Lic.)

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Continuing Care Retirement Com

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

0589-331-03

ASK ABOUT THIS PROPERTY

BJ DelhamerInsite Commercial Real Estate AdvisorsMore Info
760-593-7653

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BJ DelhamerInsite Commercial Real Estate AdvisorsMore Info
760-593-7653

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