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Updated almost 9 years ago, 02/21/2016
100+Skilled Nursing facility Capital needed
Hello Community,
I am looking to purchase a skilled nursing facility that may be available for 795K plus 300K deferred maintenance (includes includes mediate repairs, start-up).
We would also have an in-house pharmacy and the property has a rehab center that would create additional income.
Negotiating quick cash buy (15-35 days) for short term inspection period in order to create motivation to act now.
It's appraised value is 2MM.
Looking for short term equity partner/s where there would be an agreed buyout at the end of 16-24 months with no pre-payment penalties should we buy out sooner. 12 month deferred payment.
The property would be for a Behavioral Wellness Center that would cater to our clients suffering from clinical depression and would be a short term (6-12months) to long term (18-24 months stay) recovery period.
Clients would be required to be medically stable and able to perform their own activity of daily living (shower, groom and feed).
Staffing would include RNs, LVNs, Support staff (Techs, kitchen staff, Nursing Assistants, HR, Education, Administration, Contract Counselors, Addiction Counselors, Technical support, Groundsmen,...)
Would you be interested in this deal?
If so can we talk?
I'm asking two other people who might be interested to spread the risk and would take out a 2MM (Partner and I named injured) insurance policy to name the equity partners as beneficiary of the policy and property going to my business partner.
Any default, equity partners can liquidate to achieve capital recovery or retain for long term investment goals.
Very Sincerely,
Angela
Angela Jackson, BSN, RN