Project Description

SOLD—NNN Investment w/ Long-Term Tenant — 7 CAP!—SOLD

7105 San Gabriel Rd., Atascadero, CA 93422

Price: $950,000
No. Beds: 15
Price/Bed: $63,333.33
Property Type: Senior Housing
Property Sub-type: Assisted Living Residences
Property Use Type: Net Lease Investment 
Commission Split: 4%
Cap Rate: 7%
No. Stories: 2
Year Built: 1991
Lot Size: 3.60 AC


Description

NNN Investment Property with tenant in place. 15-Bed RCFE tenant has been operating for 20 years, and would like to stay indefinitely. Beautiful location in the rolling hills of the central coast, just minutes from the beach, wine country, and Hearst Castle.

 
 Dillon Kiel
805.503.9165
dillonkiel@gmail.com