$2,100,000
Sold

1438 Pacific Street

Redlands, CA 92373
0.72 acres | #EV23084197
Listing OfficeExecutor Real Estate
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

14-BED RESIDENTIAL CARE FACILITY FOR THE ELDERLY. Located in an affluent South Redlands neighborhood. The facility is being sold in conjunction with another Pacific Pines facility located at: 5850 Manzanita Ave. Angelus Oaks CA 92305 (15-Bed Facility). Additionally, with the purchase of the Angelus Oaks property, you will get the "First-Right-Of-Refusal on a new 60-Bed facility being actively built in Redlands. If you were to purchase all three facilities, you would gain the largest market share of the RCFE Medical Business Model in the general Redlands geographic region. The Pacific Pines brand is unsurpassed for quality care facilities with value pricing. All three of the facilities are approved Medi-Cal Assisted Living Waiver Vendor Facilities. Our occupancy rate is at the top of the industry with an annual average of about 95% occupancy rate. Please visit our website and take all the video tours at: www.pacific-pines.com.

Location

Gary ElminoufiReal Estate Group
OR

Nearby Listings in 92373