Current Use by Public Records
- Retirement homes
Property Details for 00000 Charm Way
- Year built
- 2003
- Property type
- Retirement homes
Description
This exceptional turnkey assisted living facility (RCFE) presents a lucrative investment opportunity in Sacramento, CA. The property, built in 2003, boasts 2,430 square feet of space, encompassing six private bedrooms, three full bathrooms, and a total of ten rooms. A spacious two-car garage adds convenience. Situated on a desirable 6,657 square foot corner lot in a quiet, multi-generational neighborhood established in 2003, the property enjoys proximity to various shops. The facility features a large master suite with a very spacious bathroom. The business is currently operating with typically 90% occupancy, demonstrating its profitability and potential for increased revenue. The asking price is $875,000, translating to $360.08 per square foot. Business assets, furniture, fixtures, and equipment (FF&E) are included in the purchase price. Note that there is a second, similar 6-bed licensed RCFE available for sale just two blocks away. This property offers a significant upside potential through revenue and cost-per-bed optimization, despite having a zero advertising budget. All aspects of the business are included in the sale. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.498
- Latitude
- 38.6799
