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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9140 Elk Grove Boulevard, Elk Grove, CA 95624
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Source:
Listed by: Re/Max Gold Fair Oaks -
Details
$695,000(Negotiable)
2213 Roselake Avenue, Sacramento, CA 95825
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Source:
Listed by: Keller Williams Realty EDH -
Details
$820,000(Negotiable)
2409 I Street, Sacramento, CA 95816
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Source:
Listed by: Collier's International -
Details
$1,400,000(Negotiable)
