24 Lockwood Road, Millcove, New Brunswick
$649,900 - For Sale
OPPORTUNITY IS KNOCKING if you are looking for a lucrative business in the Special Care Home industry. Level 2 home known as Keetch’s Special Care Home is licensed for 14 patients. The occupancy is on a month to month basis which is quite common in this industry. Some of the patients have been there the whole 25 years that the Keetch’s have operated this home, and now it is time for the Keetch’s to retire and have the business taken over by a fantastic new owner. Currently, the occupancy consists of 14 beds. Historically the home has been at 100 percent occupancy but has a few vacancies at present. Income is based on $2,600/month per client. The special care home consists of more than half of the side by side duplex. The owners quarters is on the other side and features main level eat-in kitchen, lvrm, full bath, bedroom, and laundry room. The basement of the owners side has 2 bedrooms and a storage closet. This building was built in sections with the original middle section built in 1972 and the end wings built in 1985 and 1989-1990 respectively. 40 year asphalt single covering was replaced in 2011 along w/metal facia & vinyl soffit. Owner willing to stay on for agreed upon time for training & special care home operations. Total Expenses and Net Income to be verified by Purchaser with Vendor & are approximate. Purchaser must be qualified buyer. Confidentiality Agreement to be signed by Purchaser. Listing Agent to be present for all showings.
- Property Address:24 Lockwood Road, Millcove, New Brunswick
- Property Type:Commercial
- Taxes:$1,898 (2020)
- Floor Space:2500 SqFt
- Exterior Type:Other