Senior Housing and Assisted Living Facilities for Sale in Ohio
Senior Housing, Independent Living, Assisted Living and Memory Care Facilities for Sale in Ohio including Columbus, Cleveland, and Cincinnati
We aggregate all 16+ Unit senior housing, Independent Living, Assisted Living, and Memory Care facilities and businesses for sale throughout the United States. This information is updated every two weeks.
- Ohio -
- $6 Million
- (Available)
ID#035629Â Â Approximated Beds/Units:Â Â 55Â Â Location:Â Cambridge
Another firm is pleased to introduce a cash-flowing Assisted Living Opportunity. It is 93% occupied, +/-50 unit/55 bed Assisted Living and Memory Care community in Ohio, an hour from Columbus. The community is already enrolled in the Ohio Assisted Living Medicaid Waiver program which realized a recent rate increase. There are currently 23% Med Waiver and the remaining 77% are Private Pay. While the community is older original construction, it has been well maintained and includes an attractive, assumable HUD debt balance of $3,585,000. Interest rate is only 2.29% +MIP. Cash-on-Cash 12.2% and a 15.4% return including principal reduction. Equity Requirement Approximately $2,111,000.
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Assisted Living and Senior Housing Facilities For Sale
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