Established Elderly Care
301 North Montgomery Street Ojai, CA 93023
301 North Montgomery Street, Ojai, CA, 93023
Contact for pricing
For Sale
Contact for pricing
Long-established elderly care facility in the heart of Ojai.
Property Size11,500 SF
Price / SF$521.74
Days on Market65
Property Features for 301 North Montgomery Street
General Information
- Standard status
- Active
- Size
- 11,500 SF
- Property subtype
- Senior Living
Building Details
- Year Built
- 2018
Listing Agency
Senior Care Real Estate Brokerage
Listed by
Darius Porshab · License #00817058
Source
Crexi
Added: May 14 Checked: Jul 15 at 10:44 pm
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 Senior Care Real Estate Brokerage
Investment Insights
Based on property information with market context.
This is a long-established facility for the elderly, situated in the heart of Ojai. The property has a size of 11500 square feet. For the marketing package, interested parties are instructed to contact the broker for the NDA.
Key Highlights
- Established facility for the elderly.
- Located in the heart of Ojai.
- Built in 2018.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $345.0k | $30.00 |
| − Vacancy | −$14.5k | −$1.26 |
| EGI | $330.5k | $28.74 |
| − OpEx | −$148.7k | −$12.93 |
| NOI | $181.8k | $15.81 |
11,500 SF · lease $30.00/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.60M
$2.27M – $3.03M
NOI $181,781 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.95M
$3.45M – $4.61M
NOI $276,353 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
A Place to Grow Preschool
High School
Ojai Management
Property Management Company
Su Nido Inn ...
Hotel & Motel
Similar For Sale Nearby
Similar Off Market Nearby
- Gables of Ojai — 701 N Montgomery St, Ojai, CA 93023
FAQs
What type of property is this?
Senior housing / Retirement Home - Long-established elderly care facility in the heart of Ojai.
Where is this senior housing / retirement home located?
The property is located at 301 North Montgomery Street Ojai, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Established facility for the elderly.; Located in the heart of Ojai.; Built in 2018.
