Comm Business Opportunity For Sale
1,642 Sqft - 1159 Citron Way, HAYWARD, California 94545
Property Description
12.5 CAP RATE; Profitable Residential Care Facility established in 1998. Six Client Level ICF/DD-H Facility. High level of Care and Compassion. Verifiable income and expense history. For financials must sign Non Disclosure Statement. Please do not disturb occupants. Business $250,000, Real Estate $625,000; $875,000 Total. Buyer to cooperate with Seller in 1031 Tax Exchange at no cost to Buyer.
Basic Details
Property Type : Comm Business Opportunity
Listing Type : For Sale
Listing ID : 40938970
Price : $875,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 1,642 Sqft
Year Built : 1959
Lot Area : 6,700 Sqft
Features
Heating System : Other
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Alameda
City : HAYWARD
Zipcode : 94545
Street : Citron Way
Street Number : 1159
Floor Number : 0
Longitude : W123° 53' 48.2''
Latitude : N37° 38' 45''
MLS Addon
Office Name : Valley Capital Rlty & Mrtg
Building Type : Comm Bus Opp
Area : Hayward
Address : 1159 Citron Way
Cross Street : Mulberry
Directions to Property : Turner to Mulberry to Citron
LA1User Code : 206512617
LA1Agent First Name : Guy
LA1Agent Last Name : Houston
Status Category : Sold
Tot # Parking Spaces : 2
Zoning : R
List $/SqFt : $533
Age : 58
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $25,275
Total Deposits : $0
EXTERIOR : Stucco & Stone
FLOORING : Linoleum
Business Name : Mission Hope Developmental Services
Business Type : Residential Care
FORM OF OWNERSHIP : Corporation
Year Business Started : 1998
Real Estate Included : Yes
Bus Sq Ft of Bldg : 1,642 Sqft
SALE INCLUDES : Fixtures And Equipment, Telephone System, Real Estate, Inventory
TENANT EXPENSE : Fire Insurance, Liability Insurance, Site Maintenance, Taxes, Exterior Maintenance, Roof Maintenance
LOCATION : Other
FACILITIES : Other
EXISTING LIC AND PERMITS : Other
EMPLOYEES : Non-union, Manager Run, More Than 10
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : Yes
FINANCIAL DATA SOURCE : Provided By Owner
Ann Act Gross Inc : $596,462
Gross Oper Actual Inc : $596,462
Listing Type : Excl Right
TERMS : Cash
Listing Service : Full Service
Special Information : None
Original Price : $875,000
Sold Price : $825,000
Previous Price : $875,000
Sale $/SqFt : $0
