13944 Powers Rd

    Poway, CA 92064
    • $869,500
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: 190056356
    Price Reduced
    UPDATED: 64 min ago
    $869,500
    • 6
      BEDS
    • 0.16
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,960
      SQFT
    • $444
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Rare opportunity to own a fully leased Senior Independent Living Facility (no license required) with $73,480 in Net Income. This is one of 8 available Senior Living properties in San Diego County & can be sold separately from the portfolio at $899,500 (8.2% Cap Rate). Bulk portfolio price is $6.835M (9.4% Cap Rate) which includes 8 single-family homes, business and systems with access to $3.5M in Assumable financing. The portfolio generated $824,495 Gross Income & $645,651 in Net Operating Income in 2018 Neighborhoods: Poway Other Fees: 0

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-22T07:27:51.61. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/99920831

    13944 Powers Rd Poway, CA 92064

    • Price: $869,500
    • Status: Active
    • Updated: 64 min ago
    • ID#: 190056356
    6
    Beds
    2
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,960
    SQFT
    $444
    $/SQFT
    1959
    Built
    Neighborhood:
    Poway
    County:
    San Diego
    Property Description
    Rare opportunity to own a fully leased Senior Independent Living Facility (no license required) with $73,480 in Net Income. This is one of 8 available Senior Living properties in San Diego County & can be sold separately from the portfolio at $899,500 (8.2% Cap Rate). Bulk portfolio price is $6.835M (9.4% Cap Rate) which includes 8 single-family homes, business and systems with access to $3.5M in Assumable financing. The portfolio generated $824,495 Gross Income & $645,651 in Net Operating Income in 2018 Neighborhoods: Poway Other Fees: 0
    Exterior Features

    Construction Materials Other Garage Spaces 2.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Concrete Parking Total 4.00 Parking YN Yes Pool Features See Remarks Pool Private YN No Property Attached YN No Roof See Remarks

    Interior Features

    Bathrooms Full 2 Cooling See Remarks Cooling YN Yes Eating Area See Remarks Heating See Remarks Heating YN Yes Laundry Features See Remarks Levels One Room Type See Remarks

    Property Features

    Association Fee 0.00 Country Us Laundry YN Yes Property Sub Type Single Family Residence Subdivision Name Other Poway Water Source See Remarks Zoning R-1:Single

    Listing provided courtesy of Patrick Hale of The Local Realty Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-22T07:27:51.61. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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    Irvine CA, 92606