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42165 Patton Pl - ALWAYS HEARTFELT HOMES INC RCFE

2,531 SF Health Care Building Offered at £1,126,385 at a 2.16% Net Initial Yield in Murrieta, CA 92562

Investment Highlights

  • ALWAYS HEARTFELT HOMES INC A RESIDENTIAL CARE FACILITY (RCFE )
  • CURRENTLY FULLY LICENSED FOR 6 BEDS PREVIOUSLY LICENSED FOR 9
  • 1.11 ACRES OF USABLE SURROUNDED WITH STUNNING MOUNTAIN VIEWS.
  • IMMEDIATE INCOME. GREAT BUSINESS OPPORTUNITY
  • 6 BEDS 4 BATH 2531 2 BEAUTIFULLY FUNCTIONAL KITCHEN, LARGE ROOMS , INDOOR LAUNDRY, OUTDOOR SUNROOM AND MORE
  • SOLAR READY, NEW FLOORING EPTIC TANK AND NEW AND UPDATED ELECTRIC PANAL

Executive Summary

Discover a unique business opportunity with this residential care facility for the Elderly. This home is licensed for six beds, with the capacity for licensing of nine. This gorgeous home sits on 1.11 acres of usable land offering significant room for growth and l expansion. Spanning 2531 ft.² this home has ample living space for resident as well as staff. This facility includes four well appointed bathrooms, all designed with accessibility and convenience in mind. The amazing kitchen ads to the functionality of the home. Stainless steel appliances, and beautiful stone counters screen delicious while adding to the style of this historic ranch home all doorways interior, and exterior are sized for effortless entry and exit as well as making it possible to admire the mountainous views from almost every room in the house.
Adjacent to the 15 freeway, the home is in close proximity to the beautiful Marietta, Hot Springs, Pechanga Casino Resort and amazing Lake Elsinore Winery. The property is ideally situated near both local outings and easy access to nearby amenities.
Two gorgeous fireplaces, in-house laundry, two refrigerators, one traditional and one commercial helps to make this home most desirable. Solar panels powered by Tesla batteries have been installed. This property is up to speed. A new roof, electric panel, flooring, and septic tank are a few of the major upgrades.
The sky is the limit with this home! For more information or to schedule a private tour, please contact the listing agent. Don’t miss out on the chance to own this facility that clearly blends Comfort, Compliance and Opportunity.
OWNER WILL ASSIST DURNING TRANSFER AND LICENSING.APPROX 6 -12 MONTHS (contact for more information). SELLER OFFERING CONCESSIONS BASED ON OFFER.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £1,126,385
Price Per Bed £281,596
Sale Type Investment or Owner User
Net Initial Yield 2.16%
Property Type
Health Care
  • Healthcare Continuing Care Retirement Community
  • Rehabilitation Centre
  • Healthcare Skilled Nursing Facility
Building Class B
Lot Size 1.11 AC
Building Size 2,531 SF
No. Beds 4
Number of Floors 1
Year Built 1987

Room Mix Information

Description No. Beds
SINGLE FAMILY 6

zoning

Zoning Code R-R (PROPERTY IS ZONED RR/R1. RANCH STYLE LIVING, RURAL, OPEN SPACE MOUNTAINS. NEIGHBORS PRESENT. LAND IS FLAT.)
R-R (PROPERTY IS ZONED RR/R1. RANCH STYLE LIVING, RURAL, OPEN SPACE MOUNTAINS. NEIGHBORS PRESENT. LAND IS FLAT.)
  • Listing ID: 33296593

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 42165 Patton Pl, Murrieta, CA 92562

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