Detailed Introduction Of This Property
If you are looking for an exceptional Residential Care Facility for the Elderly (RCFE) that offers memory care, hospice care, and a loving environment, look no further. This charming 5 BDR/3 BA, 2,400 s.f. single-level home is licensed for 6 residents and has been operating as a successful RCFE for over a decade. Located in the desirable Woodward Park neighborhood, this RCFE is situated on a quiet cul-de-sac with well-maintained homes and pride of ownership. The home features high-end Thomasville furniture, French doors leading to the outside, Tempur-Pedic hospital beds and pastel and watercolor paintings by local artists. The front yard boasts gorgeous red Japanese maple trees, while the backyard is a tranquil oasis with a covered patio. The backyard is also great for hosting festive events with residents and their families. Additionally, there is a large room where family members can stay with their loved one while in hospice. The home has an assisted living waiver (ALW), minimizing resident vacancies and ensuring profitability. The home also has alarmed doors to protect against wanderers, since memory care is offered. The sale of this real estate is dependent on the concurrent purchase of the RCFE business priced at $230,000. Facility licenses cannot be transferred. New buyers must obtain their own facility license. Buyer must appoint an administrator by close of escrow or hold a current Administrator’s Certification. Buyer to assume PACE loan for improvements to the property, with remaining balance of approximately $20K. Business must be purchased separately for $230K. All information was supplied by the seller and has not been verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance of the business. It is the responsibility of a prospective buyer to make their own inspection of all aspects of the home and business and consult financial & legal counsel regarding any purchase of this home & business. Buyer to perform their own due diligence with respect to the real estate purchase and conduct independent inspections & other such measures to become fully informed as to the condition of the premises. All data and information, including all measurements and calculations of area, is obtained from various sources & has not been, and will not be, verified by the broker for accuracy.