Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,100,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to Livingstone Manor, a unique investment opportunity in the retirement living space in the growing city of Listowel, ON. With 34 meticulously updated rooms including 6 double occupancy suites, Livingstone Manor is not just a retirement home; it's a strategic investment in the growing senior living market. Our property boasts a, well-maintained interior that appeals to discerning retirees. The recent high ticket maintenance upgrades showcase a commitment to quality, making Livingstone Manor an attractive asset for investors seeking long-term returns in the senior living sector. Livingstone Manor presents an excellent investment opportunity with a high potential for capital appreciation. The demand for premium retirement living spaces is on the rise, and our property is strategically positioned to meet this growing need. With consistent occupancy rates and a reputation for providing top-notch services, you can capitalize on the demographic trend of an aging population seeking quality retirement accommodations. Don't miss the opportunity to be part of the future of senior living investment. Invest in Livingstone Manor today and be a key player in providing exceptional retirement experiences while enjoying a lucrative return on your investment. DO NOT CONTACT STAFF OR ENTER THE PROPERTY WITHOUT APPOINTMENT! (id:39198)
Location
Province
Ontario
City
Listowel
Address
480 Main Street West
Postal Code
N4W1A6
Location Highlights
N/A
Listed by
ROYAL LEPAGE RCR REALTY Brokerage (MF) Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
15,957
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$4,100,000
Asking Price
$4,100,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
15,957
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
