Investment Property w/ Assisted Living Business as a long term tenant
220 N Center Ave, Miles City, MT 59301
Assisted Living Facility for sale at $300,000 that is currently running. Upgrades have been made to the building since current owner acquired it in 2011 including 2 new HVAC units. This is a 2 floor facility with comfortable living areas on both floors, an elevator to assist the elderly, day light windows for downstairs units, nice deck on the back for outdoor use and all around enjoyable setting. Financials available to qualified buyers upon request.
*16 Bed Assisted Living Facility
*Shared & Private Bathrooms
*New 5 year lease
*Current rent is $3,000/mo NNN
*NOI = $36,000 per year
*12% CAP Rate
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.