MLS®# SK982086

701 13th STREET

$3,750,000.00 CAD
Prince Albert
MLS®# SK982086


Location


Key Details

$3,750,000.00
Other (see Member Only Remarks)
15,555 SQ.FT
1964
Prince Albert

Description

Amazing opportunity in the recession proof Care Home Industry. This 51 unit care home sitting on a beautiful 5 acre parcel within the city has been fully renovated and is in turn-key condition, including updated commercial kitchen and dining facilities. Within the property grounds there is also an extra 48 rental units in 7 buildings. Nursing home can accommodate residents requiring Level 1, 2 and 3 care. There are currently only 28 residents out 51 available spots in the nursing home and there are only 39 of 48 of the residential rental units occupied, so with the right management team the remaining units could be filled and the true value of the business can be realized. Financials are available upon request

Listing courtesy of Royal Lepage Icon Realty


More Info

City: Prince Albert
Square Footage: 15555
Year Built: 1964
Type: Other (see Member Only Remarks)
Amenities: Interior Space, Onsite Parking, Wheelchair Access
Heating: Hot Water, Radiant Heat

Land Size: 5.00
Parking Facility: Yes
Smoke Detectors: Yes
Total Acres: 5.0000
Sale Type: Assets
Listed By: Royal Lepage Icon Realty