701 13th Street W, Prince Albert, Saskatchewan S6V 3H2

Amazing opportunity in the recession proof Care Home Industry. This 51 unit care home sitting on a beautiful 5 acre parcel within the city has been fully renovated and is in turn-key condition, including updated commercial kitchen and dining facilities. Within the property grounds there is also an extra 48 rental units in 7 buildings. Nursing home can accommodate residents requiring Level 1, 2 and 3 care. There are currently only 28 residents out 51 available spots in the nursing home and there are only 39 of 48 of the residential rental units occupied, so with the right management team the remaining units could be filled and the true value of the business can be realized. Financials are available upon request (id:27476)

This property is a freehold, offering an incredible opportunity in the recession-proof Care Home Industry. Situated on a 5-acre parcel within the city, this 51-unit care home has undergone a complete renovation and is in turn-key condition, boasting updated commercial kitchen and dining facilities. Additionally, the property includes 48 rental units spread across 7 buildings. The nursing home is equipped to accommodate residents requiring Level 1, 2, and 3 care. Currently, there are only 28 residents out of 51 available spots in the nursing home, and only 39 of the 48 residential rental units are occupied. With the right management team, there is potential to fill the remaining units and realize the true value of the business. Financials are available upon request (id:27476).

This property is currently for sale and features a land size of 5 acres. It is located at 701 13th STREET W in the city of Prince Albert, Saskatchewan, with a postal code of S6V3H2. The heating type for this property is hot water, radiant heat.