Premium Elderly Care Facility with Development Land in British Columbia
Financial Details
- Asking Price:
- $4,622,982
- Annual Revenue:
- $1,116,016
- Cash Flow / SDE:
- $450,000
- Profit Metric:
- NOI
- Valuation Multiple:
- 10.3x
- Location:
- CA
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a premier, private elderly care facility located in the British Columbia interior, offering exceptional quality of care and boasting an outstanding reputation. The sale includes the operating business, which has strong NOI and profits, along with development land suitable for expansion. Significant investment has been made in new building systems (nearly $400,000 spent), and development permits are in place, with building permit drawings ready. The business features digital records, processes, and building access, with no outstanding loans or equipment leases. The pricing is based on a $450,000 NOI at an 8% Cap Rate for the operating business, plus the value of the development land. The current owners are relocating, presenting this unparalleled investment opportunity.
Industry Information
- Industry Description:
- Elderly Care Facility and Development Land
- Classification:
- Health Care & Fitness
Operational Snapshot
- Reason for Selling:
- Relocating to pursue other opportunities
Real Estate & Lease
- Status:
- Included
Listing Details
- Listing ID:
- 883d6ae1-47f5-4348-acbd-703e25b4e8dc
- Deal Status:
- For Sale
- Date Posted:
- July 12, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD