2789 Rafferty Road, Hemet, CA 92545

$9,100,000 Approx. USD 0 beds, 0 baths
38,732 sqft

Agent Remarks

Premier Residential Care Facility for the Elderly. Fabulous investment and opportunity. The property consists of an existing 54-unit (102-bed). The location is considered good for both visibility, access and proximity to major lead generators. Area demographics factors are positive reflecting an increase in both seniors in the marketplace, as well as positive overall population trends. The operator enjoys a good reputation in the marketplace. The rent is $5,000 increment per year increase for the lease terms. Tenant has to pay starts on 9-18-2015 to 9-17-2016 monthly rent at $30,000, 9-18-2016 to 9-17-2017 monthly rent at $35,000, 9-18-2017 to 9-17-2018 monthly rent at $40,000. The landlord pays current property tax ~$33,000 and the property insurance ~$10,000 total ~$43,000. a year. Enough vacant land to build additional 60 units/120 beds, Excellent growth opportunity, EB-5 visa eligible. The buyer cooperate with the seller for 1031 exchange. SHOWN BY APPOINTMENT ONLY, CALL LISTING AGENT. DON’T DISTURB EMPLOYEES AND RESIDENTS. BY SELLER’S REQUEST, PLEASE DON’T DISCUSS THE TRANSACTION IN FRONT OF EMPLOYEES AND RESIDENTS. All information furnished by seller. Information contained herein deemed reliable but not verified.

Listing Details

Property type: SPEC (Commercial)
Status: Active
MLS# WS16038573
List price is $9,100,000
Beds: 0
Baths: 0
Built in 1999
38,732 sqft
County: Riverside
Heating description: Electric,Wall Heater
MLS area: 223 - Hemet/San Jacinto

Last Updated: 2/17/2017

 Find more Hemet homes and real estate

 Find more homes in 92545 zip code

This listing belongs to the 223 - Hemet/San Jacinto MLS area

Lat/Long: 33.748703, -117.000290.
Find nearby listings

Broker: Courtesy of RE/MAX 2000 REALTY
Listing Agent: LIONEL GAN

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings