705 Lone Oak Ln - Abettment Care Homes
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
705 Lone Oak Ln - Abettment Care Homes
3,042 SF Health Care Building Offered at £665,083 at a 16.16% Net Initial Yield in Verona, WI 53593
Investment Highlights
- 4 private bedrooms rented at $6296/mo each
- Fenced yard, 2 car garage, park nearby
- Lower level can be used as owner apartment with some renovations
Executive Summary
Licensed 4 bed Adult Family Home (AFH) located in Verona, Wisconsin. This is a very desirable suburb of Madison, in Dane County. This beautiful home was built in 2007 and owner managed since 2009.There are four private bedrooms. One of the rooms has its own private bathroom and there is another shared common bathroom for the residents. The home has great curb appeal & is nicely furnished. There is a finished basement with another full bathroom and extra storage. The basement could be used as an office or as an apartment for employees. The home also includes a 2-car garage, fenced in yard, a front porch and a back deck. Currently all 3 out of 4 of the beds are occupied. At 75% occupancy, this a turnkey opportunity for a new owner/investor to hit the ground running.
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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £665,083 | Lot Size | 0.09 AC |
| Price Per Bed | £166,271 | Building Size | 3,042 SF |
| Sale Type | Investment or Owner User | No. Beds | 4 |
| Net Initial Yield | 16.16% | Number of Floors | 2 |
| Property Type | Health Care | Year Built | 2007 |
| Property Subtype | Assisted Living |
| Price | £665,083 |
| Price Per Bed | £166,271 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 16.16% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Lot Size | 0.09 AC |
| Building Size | 3,042 SF |
| No. Beds | 4 |
| Number of Floors | 2 |
| Year Built | 2007 |
Room Mix Information
| Description | No. Beds |
|---|---|
| 1 house, 4 rooms | 4 |
1 of 1
-
Lori Schilling -
Sprinkman Real Estate
1 of 54
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
705 Lone Oak Ln - Abettment Care Homes
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.