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Retirement Home for Sale - Parksville
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I'm Karim Merali, your trustable realtor who like to be part of your success.
I'm proudly presenting another business opportunity related to retirement home for our lovely elders based in Parksville, BC..
Retirement Home For sale
Asking Price: $ 3,500,000

*Property Highlight*
Property Type : Institutional
Actual Use : Care Facility
Estate Right : Fee Simple
Construction Date : 1993
Age : 26
Building Stories : 2
Size of Building : approx. 12,700 sf

*Location*
2-3 hours from Vancouver
Commercial Core

*Business Overview*
Independent Living
21 rooms with washrooms
Commercial Kitchen and equipments
Cap rate 11.5%
Projected revenue : approx. $648,000/ yr
No licence required
Low labour cost

*Great Investment Opportunity!!
RBC Mortgage has approved on the 5 years Plan Projection
Appraisal Value: $2.63 Million

*Some Facts*
An aging population, from 2015 to 2021, the number of seniors is projected to exceed the number of children aged 14 and younger for the first time ever. By 2036, the number of seniors could reach between 9.9 and 10.9 million people. In order to support above, the needs for retirement home care projected based on the stats above which picked from the Canada Statistic site
> https://www150.statcan.gc.ca/n1/pub/11-402-x/2011000/chap/seniors-aines/seniors-aines-eng.htm

Interested, please reply me with your phone number and direct email, I will get back to you the earliest possible.

Regards,
Karim Merali
  • do NOT contact me with unsolicited services or offers

post id: 6912349842

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