Revered Texan Hearth & Home

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Presentation transcript:

Revered Texan Hearth & Home 13 Bed ALF in Lake Jackson

Property For Sale Option #1 - Landlord Market Value: $423,700.00 Asking Price: $398,000.00 Monthly Rent: $4,237.00 New 5 Year Lease Agreement 4% Increase every 5 years $5,000 Non-Refundable Earnest Money

Business For Sale Option #2 - Investor 13 Bed Assisted Living Facility 7 @ $4,000 = $28,000 3 @ $3,800 = $11,400 1 @ $3,700 = $3,700 1 @ $3,600 = $3,600 1 @ $2,800 = $2,800 Monthly Income: $49,500 Total Annual Gross Income: $594,000

Net Operating Income Gross Income: $49,500 Monthly Expenses: $36,754 Net Monthly Income: $12,746 Annual Net Income: $152,952 Asking Price: $478,680 $20,000 Non-Refundable Earnest Money Commercial Financing Available

Residential Assisted Living Systems, LLC 11152 Westheimer Road, #1118 Houston, TX 77042 (832) 266-0909 Frances P. Chau Mobile: (832) 640-8000 frances@RALsystems.com