Carrington Assisted Living
2626 Finger Rd | Green Bay, WI 54302-4821, US
property
details
property
description
MGF Enterprises - Senior Living Realty Group is proud to present this exclusive confidential listing for the sale of a 20-unit Community-Based Residential Facility (CBRF) located at 2626 Finger Rd., Green Bay, WI 54302. This asset has recently undergone an extensive renovation, resulting in a newly upgraded kitchen, spacious living room, elegant dining room, and a large spa room, providing residents with the utmost comfort and convenience. Additionally, the community is fully secured with multiple egressed entrances and exits, ensuring the safety and peace of mind of all residents. The asset is priced at $3, 000, 000, based on a thorough pro forma analysis that considers the expected rise in occupancy to an average of 95% and normalization of expenses. Currently, the community has a 55% occupancy rate, comprising 90% Private Pay and 10% Family Care, with an average rent of approximately $6, 200 per unit. This presents an exceptional opportunity for a new owner to capitalize on the potential for growth and enhance profitability by increasing the census and maintaining a high percentage of private pay residents. The Community offers comfortable and spacious living quarters that provide residents with the utmost privacy and comfort. The property's location is another strong selling point, situated in a prime location within the city of Green Bay. This central location provides easy access to nearby hospitals, skilled nursing facilities, medical facilities, shopping centers, and other essential service facilities. If you're interested in acquiring this well-established, profitable, and thriving senior living community in a prime location, please request access to MGF's secure data room today to learn more about this exclusive listing.
location
description
MGF Enterprises - Senior Living Realty Group is proud to present this exclusive confidential listing for the sale of a 20-unit Community-Based Residential Facility (CBRF) located at 2626 Finger Rd., Green Bay, WI 54302. This asset has recently undergone an extensive renovation, resulting in a newly upgraded kitchen, spacious living room, elegant dining room, and a large spa room, providing residents with the utmost comfort and convenience. Additionally, the community is fully secured with multiple egressed entrances and exits, ensuring the safety and peace of mind of all residents. The asset is priced at $3, 000, 000, based on a thorough pro forma analysis that considers the expected rise in occupancy to an average of 95% and normalization of expenses. Currently, the community has a 55% occupancy rate, comprising 90% Private Pay and 10% Family Care, with an average rent of approximately $6, 200 per unit. This presents an exceptional opportunity for a new owner to capitalize on the potential for growth and enhance profitability by increasing the census and maintaining a high percentage of private pay residents. The Community offers comfortable and spacious living quarters that provide residents with the utmost privacy and comfort. The property's location is another strong selling point, situated in a prime location within the city of Green Bay. This central location provides easy access to nearby hospitals, skilled nursing facilities, medical facilities, shopping centers, and other essential service facilities. If you're interested in acquiring this well-established, profitable, and thriving senior living community in a prime location, please request access to MGF's secure data room today to learn more about this exclusive listing.