We are pleased to present this opportunity to acquire a 13-unit, 16-bed assisted living facility on over 9 acres of peaceful wooded land in southwestern Minnesota. This community has built a reputation for outstanding care and comfort over the last decade. Its spacious rural location affords a buyer the opportunity to enjoy the tranquility or expand the business to meet increasing demand.
- Asking Price:
- $3,100,000
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
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Real Property Included
Business Operation
- Expansion Potential:
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The property spans over nine acres, providing a buyer with the opportunity to explore potential expansion. Any development would require the buyer’s due diligence and coordination with the appropriate authorities. The current owner has not pursued these possibilities.
- Competition / Market:
-
Key highlights: 10 Single Units, 3 Double Units Avg Daily Rates: $298 (CADI) & $286 (EW) Experienced staff in place including ALD and DON. 4.9 year avg tenure Owner not involved day to day Over 9 acres with room to expand Easy access from highway Amenities include game room, outdoor space with fire pit, swimming pool. Facilities include commercial kitchen & geothermal system.
- Reasons for selling:
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Personal reasons
Other Information
- Support & training:
-
The owner is willing to assist to ensure a smooth transition. The community has an Assisted Living Director (ALD) and a Director of Nursing (DON) in place, supported by the existing care staff, to help maintain continuity throughout the transition.
