Assisted Living
1681 E Thompson Blvd, Ventura, CA 93001
For Sale
$1,950,000
26-bed assisted living property operated by Turning Point Foundation under a Ventura County lease.
Property Size4,473 SF
Days on Market100
Property Features for 1681 E Thompson Blvd
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Tenancy
Listed By:
Jeffrey R. Becker CCIM . CPM . RPA · License #01213236
(805) 653-6794
Source:
Beckergrp
Added: Aug 1
Changed: Nov 4
Last Checked: Nov 6 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeffrey R. Becker CCIM . CPM . RPA
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Investment Insights
Based on property information with market context.
This assisted living facility has a 26-bed capacity and is operated by Turning Point Foundation. The property is leased by Ventura County and is offered for sale as an operating healthcare asset.
Financial information and lease terms can be provided to qualified parties after execution of a signed NDA. The offering is located at 1681 E Thompson Blvd in Ventura, California.
Financial information and lease terms can be provided to qualified parties after execution of a signed NDA. The offering is located at 1681 E Thompson Blvd in Ventura, California.
Key Highlights
- 26‑bed assisted living facility
- Leased by Ventura County
- Operated by Turning Point Foundation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,705
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,414,100
$1.4M
Cap Rate 7%
$1,010,071
$1.0M
Cap Rate 9%
$785,611
$785.6K
Market Conditions
NOI Build-Up for 4,473 SF
Gross rent
$134.2K $30.00/SF
− Vacancy
−$5.6K −$1.26/SF
EGI
$128.6K $28.74/SF
− OpEx
−$57.8K −$12.93/SF
NOI
$70.7K $15.81/SF
Area
Ventura County, CA
Vacancy
4.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,414,100
Cap Rate 7%
$1,010,071
Cap Rate 9%
$785,611
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$883.8K – $1.18M
NOI $70,705 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.34M – $1.79M
NOI $107,489 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 93001, CA
33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Assisted living facility - 26-bed assisted living property operated by Turning Point Foundation under a Ventura County lease.
Where is this assisted living facility located?
The property is located at 1681 E Thompson Blvd Ventura, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 26‑bed assisted living facility; Leased by Ventura County; Operated by Turning Point Foundation
