Drug Rehab & Assited Living Facility for Joint Venture/Lease/ % ofSale

Masonville, NY (Delaware County)

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Established: 1981

Drug Rehab & Assited Living Facility for Joint Venture/Lease/ % ofSale

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Business Description

Health Care Assisted Living and Drug Rehab Addiction Treatment Facility

Existing property; If converted to the building as Senior Assisted Living; the Net Profit would be @ $550,000 OR If converted second building to Alcohol and Opioid Rehab Facility, the Net Profit will be $ 1.8 million. With Additional 54 Rehab Beds; the Profit could be @ $ 4 Millions & up. We need a Joint Venture Partners by providing Percentage Share of property or Sale of "Company's Stock" to complete renovation. Leaseback of 30 years can be considered.
Brokers and Agents, Commission or Referral Fee to be paid at 5% for the Joint Venture or Sale price.
Summary: Ready property under renovation for " Senior Assisted Living Residence Facility" (Behavioral and Memory Care, Senior Adult Care, Home Health Services with Pharmacy OR Nursing Home) AND also Designed for" Alcohol and Substance Treatment Facility" on Picturesque Route 206. Near Two Hospitals and Shopping Malls. As for the Assisted Living scenario; Average Market Room Rental is an average per month is $3726 and an average Occupancy is 97% reported by all nearby 5 facilities as per Market & Research Study by RMS, Syracuse, NY. Refer to PDF. Initially; Doctor (Owner) will Charge only $3000 per Bed rather than the Market Rental rate of $3726 per month to attract Patients from 5 nearby facilities. Financially, Net Revenue at present is considered on the basis of charging only $3000 per Month and at only 79% occupancy that will still bring Net Profit of $551,225 per Year. Refer to PDF. And if upgraded to " Senior Nursing & Rehabilitation Home" that should bring 2 times more as "Net Profit". If, this, "the same property" is converted into 104 Beds for" Alcohol & Drug Treatment Services" the net Profit will be more than $ 4 Million. Please, call for details. Besides, there is 5000 sq; ft out 22,500 sq.ft. will be converted into "Out-Patients Treatment Services and which will bring additional Revenue.

Facility Sale Price and Cost vary from $24 K to $48K per Bed depends upon utilizing either 50 to 104 Beds. While current construction cost Market Rate is $200,000 per each Bed. (Refer PDF or Attachments). The doctor can provide Joint Percentage Partnership of the property and Percentage Share of the Company. The doctor has a Geriatrics License and experience to provide Narcotic Detox treatment services. Doctor prefers to have a JV Partner, in the case of his absence, the Joint Venture (JV) Partner can support the income for him & his Family thru "Assigned Management Company" or Vice Versa to facilitate new incoming partner's income as well. Call: Pat or Text to Cell # (607) 237 4879 or (678) 772 3012 for more details.

Property is at the border of New York, New Jersey, Pennsylvania, Connecticut, and Near Highways I-86. Route 17, I-81, I-88 and south of I-90. Nearby two hospitals, Shopping Malls. This Alcohol & Addiction Treatment Facility is the first facility within 35 miles of Radius Except nearest one in Town of Walton on the same Route 206; that is 13 miles away and that facility charges the highest rate of "$ 1077.85" per day in the State of New York. Due of that high rate clients will be attracted to this Masonville Facility as being having Luxurious Amenities and Services like Heated Swimming Pool, Heated Spa-Jacuzzi, Sauna for Detox Treatment, Massage Bed, Gym/Exercise area, Yoga Center. Game rooms, Chef prepared diet food, etc. and combined with Out-Patients Treatment Facility. Whereas, this new Alcohol & Drug and Mental Behavioral Treatment Services will charge initially only @ $450 per day and will still make the Net Profit of $ 1.8 million with 50 existing beds OR $ 4 Million with the addition of 54 new Beds. For more information Log on to Google as: 1384 Route 206 Masonville NY for details. OR Call: Patrick at Cell # 607 237 4879

Attached Documents

Detailed Information

Masonville, NY
Real Estate:
Building SF:
Ready property having Total of 22,500 sq.ft.with lot size of 1.9 Acre for 10,000 sq.ft. for expandsion. Parking Ratio 2.44/1,000 SF
Nearest Facility charges $ 1077 per bed while we can attract more by reduced price charge @$ 4500 per day due to only a few luxurious amenities in the State of New York as well as compare to out of States providers. All of Alcohol & Drug Treatment Facilities occupancy in the State of New York is @ 92 %. Many patients have to wait to get into a facility for treatment as Demand is very high and treatment beds are in short supply.
Growth & Expansion:
Since new construction cost is @ $ 200,000 per Bed and we will have 104 Beds and if multiplied with $ 200,000 per bed; the new construction cost could be more than $ 20 Million Dollars which will deter any new construction. Your company can Joint Venture with Doctor with a small amount for final renovation. Ask for details. Make a Comparison with Governor Cuomo who provided recent three Grants of an average of $ 200,000 per Bed in Binghamton, Albany and Clinton County. Log in at Google as : 1384 Route 206 Masonville NY for more details.
Owner needs Partners for expansion of Business
Support & Training:
We have a Management Company to stay with new partners.
Reason for Selling:
Need Joint Venture Partners for expansion of the business
Business Website:
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Paul Vakharia

Business Listed By:
Patrick Vakharia

Realty Investors of USA Inc.

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