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Ann Arbor [6] Bed Small Group Home

Ann Arbor, MI (Washtenaw County)

BiggerListings™ 517-657-5600
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Asking Price: $562,200

Cash Flow: N/A

Gross Revenue: $262,200

EBITDA: N/A

FF&E: $45,000

Inventory: N/A

Real Estate: N/A

Established: N/A

Ann Arbor [6] Bed Small Group Home

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Business Description

Rare Opportunity To Own A 6 Bed Small Group Home In The Prestigious Town Of Ann Arbor. Current Owner Has Maintained A High Level Of Customer Care, With Online Reviews To Match. The Property Is Well Cared For And Is No Need For Any Immediate Repair Or Maintenance. Owner Currently Works Under 10% Of The Available Shifts To Help Ensure The Quality Of Care For Their Residents, As 90% Of The Income Is Considered Passive With A Highly Tenured Staff. Buyer Can Adjust Workable Hours As Desired Or Needed.

Potential Buyer Will Be Required To Sign An Extensive Non-Disclosure Agreement, And Show Proof Of At Least $140,500.00 In Liquid (or) Liquefiable Assets. Sorry, No Exceptions.

Detailed Information

Location:
Ann Arbor, MI
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
The market is in high demand, and locations in prestigious areas tend to offer the best monthly bed rates.
Reason for Selling:
Unfortunately, owner has some health issues and is begrudgingly selling.
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(from currently available funds)
 
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Business Listed By:
Jim Baldwin

BiggerListings™

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