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Assisted Living Care

Rose Garden Estates

406 S Cascade St, Ritzville, WA 99169

Listing Price: $1,600,000

Cap Rate
9.89%
Number of Beds
21
Gross SF
10,815
Occupancy
83.0%
Price/Bed
$76,190
Lot Size
1.63 acres
Year Built
1995

Investment Overview

Rose Garden Estates is an Assisted Living Facility in Ritzville Washington built in 1995. The property consists of 21 individual units with several private floor plans depending on need of residents. Some residential units include private showers and small kitchens. Rose Garden has a history of high-occupancy and little competition in Ritzville. Rose Garden has attractive surroundings for seniors & the town of Ritzville gives its residents a safe, small town feel with great services. The facility features an onsite kitchen, trained staff to take care of resident’s needs – providing residents with all meals, medications and injections, and two vehicles which will be transferred to the new owner. A generator is also located on site for emergencies. Additional bathing facilities are located on each floor for residents who require it. Priced at a 10% CAP, Rose Garden Estates is an opportunity for an investor to buy an existing turn-key business and begin providing income immediately based on current occupancy.

Investment Highlights

  • Choice of private apartments designed for your comfort, convenience and security.
  • Multiple building amenities & benefits.
  • New assisted living community offering private apartments.

Exclusively Listed By

Financing By

  • Tammy Linden

    Vice President Capital Markets

    Direct:

    Email Tammy

    Seattle, WA

Assisted Living Care

Rose Garden Estates

Listing Price: $1,600,000

Cap Rate
9.89%
Number of Beds
21
Gross SF
10,815
Occupancy
83.0%
Price/Bed
$76,190
Lot Size
1.63 acres
Year Built
1995

Investment Highlights

  • Choice of private apartments designed for your comfort, convenience and security.
  • Multiple building amenities & benefits.
  • New assisted living community offering private apartments.

Investment Overview

Rose Garden Estates is an Assisted Living Facility in Ritzville Washington built in 1995. The property consists of 21 individual units with several private floor plans depending on need of residents. Some residential units include private showers and small kitchens. Rose Garden has a history of high-occupancy and little competition in Ritzville. Rose Garden has attractive surroundings for seniors & the town of Ritzville gives its residents a safe, small town feel with great services. The facility features an onsite kitchen, trained staff to take care of resident’s needs – providing residents with all meals, medications and injections, and two vehicles which will be transferred to the new owner. A generator is also located on site for emergencies. Additional bathing facilities are located on each floor for residents who require it. Priced at a 10% CAP, Rose Garden Estates is an opportunity for an investor to buy an existing turn-key business and begin providing income immediately based on current occupancy.

Exclusively Listed By

Financing By

  • Tammy Linden

    Vice President Capital Markets

    Direct:

    Email Tammy

    Seattle, WA

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