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1438 Pacific ST Redlands, CA 92373
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Key Details
Sold Price $2,100,000
Property Type Commercial
Sub Type Specialty
Listing Status Sold
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $338
MLS Listing ID EV23084197
Sold Date 09/05/23
HOA Y/N No
Year Built 2007
Lot Size 0.723 Acres
Acres 0.7231
Property Sub-Type Specialty
Property Description
14-BED RESIDENTIAL CARE FACILITY FOR THE ELDERLY. Located in an affluent South Redlands neighborhood. The facility is being sold in conjunction with another Pacific Pines facility located at: 5850 Manzanita Ave. Angelus Oaks CA 92305 (15-Bed Facility). Additionally, with the purchase of the Angelus Oaks property, you will get the "First-Right-Of-Refusal on a new 60-Bed facility being actively built in Redlands. If you were to purchase all three facilities, you would gain the largest market share of the RCFE Medical Business Model in the general Redlands geographic region. The Pacific Pines brand is unsurpassed for quality care facilities with value pricing. All three of the facilities are approved Medi-Cal Assisted Living Waiver Vendor Facilities. Our occupancy rate is at the top of the industry with an annual average of about 95% occupancy rate. Please visit our website and take all the video tours at: www.pacific-pines.com.
Location
State CA
County San Bernardino
Area 268 - Redlands
Zoning Residential
Interior
Heating Central, Forced Air, Natural Gas, Zoned
Cooling Central Air, SEER Rated 16+, Zoned
Laundry Common Area, Dryer Included, In Closet, Inside, Upper Level, Washer Included
Exterior
Fence Chain Link, Good Condition
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Building
Lot Description Back Yard, Front Yard, Garden, Landscaped, Lawn, Lot 20000-39999 Sqft, Rectangular Lot, Sprinkler System, Treed Lot, Utilities - Overhead
Story 2
Water Public
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.5
BAC RMRKS Angelus Oaks Facility has greater compensation
TERMS Cash,Cash To New Loan,Conventional,Non-Smoking Premises
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent,Owner
SHOW CONTACT NAME Ramon Acereto
SHOW CONTACT PH 909-809-8570
SHOW INSTRUCTIONS Showing is by Appointment ONLY. Please do NOT disturb the elderly residents nor the staff of the facility. They have NOT been informed that the facility is for sale.
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Bought with Executor Real Estate