Revenue property : private senior housing and 9 apartments income Québec, Canada

Structure information

RAP ( Senior Résidence)) with 9 bedrooms, all rented with leases
and 9 conventional dwellings also with leases:

• 4 × 3 1/2
• 4 × 4 1/2
• 1 × 6 1/2

Living area: 12,852 sq.ft. Lot 35,255 sq.ft.

Residence to RBQ standards

Land to enlarge

Income property included in the transaction

Company Information

Residents

People who want to live in a secure residence
People looking for accommodation.

Growing demand.
Waiting list.

Cannot be sufficient for the too great demand of children who want to establish their parents
in the region, in a small secure center due to the spread of the Covid in large centers
in addition to being close to all services.

Staff

Experienced staff in place

Manager on site with accommodation provided, occupying 6 1/2

Employees: 1 full-time- 2 part-time

Financial information

Gross revenue: 218,529.$

EBITDA Profit: 105,478.$

Price: 988,000$ Can

Reason for selling: Retirement

Financing conditions by seller: To discuss.