Overview
About This Listing
For Sale – Fully Leased Investment Property. Established Residential Care Facility for the Elderly (RCFE). This well-established RCFE is currently generating rental income 32% above the local market average. With built-in annual rent increases of 4%, the income is projected to grow by an additional $600 annually, resulting in 49% above-market income in the coming years. An excellent opportunity to acquire an instant income-producing property with 2.5 years remaining on a triple-net lease with a long-term tenant in a stable industry. Strong rental income with potential for lease renewal. Highlights: – Fully leased to reputable tenant – 2.5 years remaining on lease term – Minimal landlord responsibilities – Ideal for investors seeking reliable cash flow
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3764 Mc Nally Road, Mariposa, CA 95338
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Source:
Listed by: Valley Sotheby's International Realty -
Details
$589,900(Negotiable)
611 Mormon Street, Folsom, CA 95630
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Source:
Listed by: Coldwell Banker Realty -
Details
$2,200,000(Negotiable)
2045 Celeste Drive, Modesto, CA 95355
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Source:
Listed by: Dream Chasers Realty -
Details
$515,000(Negotiable)
