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Assisted Living - 71 Beds
Medical/Specialty Property For Sale in McLennan, AB
RE/MAX Commercial Auctions and RE/MAX Complete Realty are pleased to present the Online Auction Plus Event (ALLOWS FOR CONTINGENCIES) for a 71-bed Assisted Living Facility in Alberta, CA.
Property Highlights:
- Projected NOI: $1,724,515
- Assumable Mortgage at very attractive rate
- Long Term Master Service Agreement in-place with Alberta Health Services (+/-16 Years Remaining)
- Alberta Health Services occupies 57 of the 71 beds - Government funded
- ±65% of revenue generated by Alberta Health Services
- Current Occupancy: ±86%
- Built in 2007
- Unit Mix: 43 Studio Units, 1 Semi Private, 22 One Bedrooms, 4 Two Bedrooms
- Amenities: Full kitchen/dining area, chapel, visitor suite, garden, Gazebo and pond
This Auction Plus® auction has concluded and escrow is closed.
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RE/MAX Commercial Auctions and RE/MAX Complete Realty are pleased to present the Online Auction Plus Event (ALLOWS FOR CONTINGENCIES) for a 71-bed Assisted Living Facility in Alberta, CA.
Property Highlights:
- Projected NOI: $1,724,515
- Assumable Mortgage at very attractive rate
- Long Term Master Service Agreement in-place with Alberta Health Services (+/-16 Years Remaining)
- Alberta Health Services occupies 57 of the 71 beds - Government funded
- ±65% of revenue generated by Alberta Health Services
- Current Occupancy: ±86%
- Built in 2007
- Unit Mix: 43 Studio Units, 1 Semi Private, 22 One Bedrooms, 4 Two Bedrooms
- Amenities: Full kitchen/dining area, chapel, visitor suite, garden, Gazebo and pond