For Sale
$2,700,000

0000 Cedar StCalistoga, CA 94515

Turnkey RCFE, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This profitable, turnkey assisted living facility (RCFE) in Calistoga, CA, presents a compelling investment opportunity. Currently licensed for 12 beds, with potential expansion to 22 beds, this property boasts a 0.59-acre corner lot and a substantial building. The existing structure comprises 4,041 square feet, featuring 7 bedrooms and 2.5 bathrooms. Preliminary plans exist for a 1,589 square foot addition, increasing the total square footage to 5,630 and adding 5 bedrooms and 5 bathrooms, for a total of 12 bedrooms and 7.5 bathrooms. The property currently operates with a zero advertising budget, indicating significant upside potential for revenue growth through increased occupancy and pricing adjustments. The facility holds a hospice waiver and accommodates non-ambulatory residents. The property's location within a picturesque residential community offers convenient access to major roadways. A large backyard provides ample space for resident activities and gatherings. The current pro-forma NOI is $452,541, resulting in a 16.76% cap rate. The asking price is $2,700,000. This is a rare opportunity to acquire a well-established, high-performing business with significant growth potential. Serious inquiries only.

Property Details for 0000 Cedar St

Property type
Retirement homes, Assisted living facilities
Square Feet
4,041 SF
Class
B
Stories
1
Lot Size (sq. ft)
25,700 SF

Location Insight

City
Calistoga
County
Napa
State
California
Latitude
38.577970016584
Longitude
-122.58298133408
0000 Cedar St, Calistoga, California

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0000 Cedar St
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