Priced $2,000,000.00 including a property with 30 beds approximately. This is a highly profitable retirement home. This is an absentee owner with a very capable manager in place, which makes this an attractive investment opportunity requiring little owner involvement. Both bank financing and Vendor Take Back mortgage available with a down payment required as low as $500,000.
Very well maintained property with long term clients extremely satisfied by the high quality services and the unique retiring experience at very affordable rates. This is a low risk high return real estate and business investment in the booming retirement home industry.
The massive retirement of the baby boomer generation and the larger concentration of seniors in the region insures an increasing demand for the company services and sustainable growth and profitability in the coming years.
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