Congregate Living Health Facility CLHF

CA

Congregate Living Health Facility CLHF
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Asking Price: $1,188,000

Gross Revenue: N/A

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: N/A

FF&E: N/A

Year Built: N/A

Congregate Living Health Facility CLHF

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Property Description

Brand new, turnkey fully equipped 6 bed congregate living health facility (CLHF) Type A and C.
CLHF Type A - Services for individuals, who are mentally alert, physically disabled individuals who may be ventilator dependent.
CLHF Type C: Services for individuals who are catastrophically and severely disabled. Services offered to a catastrophically disabled person shall include, but not be limited to speech, physical, and occupational therapy

Completely remodeled and approved as a congregate living facility by the state of California Department of Public Health. This facility provides inpatient care, including the following basic services: medical supervision, 24-hour skilled nursing and supportive care, pharmacy, dietary, social, recreational, and at least one type of the following services: services for persons who are physically disabled, who may be ventilator dependent; services for persons who have a diagnosis of terminal illness, a diagnosis of a life threatening illness, or both; services for persons who are catastrophically and severely disabled. The primary need of congregate living health facility residents shall be for availability of skilled nursing care on a recurring, intermittent, extended, or continuous basis. This care is generally less intense than that provided in general acute care hospitals but more intense than that provided in skilled nursing facilities. All of the business's furniture, fixtures and equipment will be included in the sale.
Total building is 2,582 Sq.Ft. 6 private bedrooms for each patient and 3 wheelchair accessible bathrooms. Fully rebuilt house all with up to date codes including monitoring systems, fire sprinkler system, backup generator, new a/c and heating system. Lot size is 7,700 Sq. Ft. Great potential to turn into a 12 bed facility.

$369,000 is the business/licenses value
$819,000 is asking price for the property

Competition is low, due to very strict rules and regulations, imposed by Public Health Department.
It takes about 3 years to obtain this CLHF license.
Reimbursement rate from Medi-Cal for residents with pulmonary problems usually range from $12,500 per month and for private pay residents the rate usually ranges from $18,000 to $28,000 per month.

Detailed Information

Type:
Other Business Real Estate
Building Status:
Established
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Stephen Azadian

Property Listed By:
Stephen Azadian

Town and Ranch Realty, Inc.

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