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Updated over 7 years ago,
ALF 80 units - Los Angeles - Non Performing - Need Operator
I have an opportunity to purchase a non-performing, run down assisted living facility in Los Angeles. The property is 80 units. I am inexperienced in this asset type so I am looking for a senior living facility operator to help me determine what the fully performing value would be. This info will help me negotiate with the seller and help me decide if this is a project that I want to pursue. Does anyone know of a reputable and experienced operator in the Los Angeles area that might be able to help?