Two 20-Bed Adult Foster Care Facilities in Grand Rapids AreaSeptember 13, 2018
Menominee County 12 bed AFCSeptember 13, 2018
Gross Revenue (annual): $214,281
Net Income (annual): $44,173
Average Bed Rate (monthly):
Turn Key Operation – Seller Financing Available
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Licensed and operating six-bed adult foster care in Genessee County loocated just minutes from a hospital. This AFC is a great opportunity for an investor or somebody that wants to expand their current AFC portfolio. This facility is fully staffed with manager in place, and little owner involvement. NOI $84,204. 3,000 sq ft, plus finished basement. 5 bed, 2 1/2 bath, screen in porch. On almost 1 acre. Room to expand.