Price: $2,700,000 Total Units: 27 (expand to 31–33 by converting 2 common areas) or 51+ Units by combining with adjoining property owned by Seller (call for details) Current Structure: 2,297 SF duplex generating $96,000 gross income and $72,000 NOI annually Lot Size: 7,313 SF Entitlements: Fully RTI-approved for five-story RCFE; grading sign-off pending (expected within weeks) Construction Budget Estimate: $5,000,000 Timeline: 14 months from start to delivery Build Structure: Turnkey option available – seller (licensed contractor) will build post-closing under executed construction contract Financing: SBA 504 loan eligible; 15–20% down for qualified operators Pro Forma Highlights (based on approved 27-unit layout): Gross Income: $3,072,800 annually Projected NOI: $834,072 Annual Debt Service (Sample): $596,064 at 7.5% over 20 years Estimated Value at Stabilization: $9,267,467 (based on 9% cap rate) Down Payment Estimate: $1,540,000 (20% of $7.7M total project cost) Loan Estimate: $6,160,000 SBA loan This property offers multiple exit and use strategies. The buyer may proceed with the existing 27 Unit RTI plan, build to suit for another healthcare model, or purchase adjoining Seller property to expand Units to 51 (call for details). Common area conversion to increase occupancy can drive higher revenue at scale. Construction and entitlement risks have been eliminated. The offering delivers maximum flexibility with minimal operational risk and a fast path to project completion. All public utilities are in place. The approved plans include ADA-compliant parking, a commercial elevator, a landscaped courtyard, and high-efficiency residential systems. The boutique footprint ensures the operator can maintain high care standards without the operational complexity of larger institutional facilities. This makes it particularly well-suited for local or regional RCFE owners expanding into the high-end, concierge care segment. A comprehensive digital packet, proforma, and floor plans are available upon request. KW Commercial and My ALF Consultant are pleased to advise qualified buyers through contract, financing, and licensing considerations.