73685 Catalina Way | Palm Desert, CA 92260
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73685 Catalina Way
Palm Desert, CA 92260
Legend Gardens · Health Care Property For Sale
·
71 Beds
INVESTMENT HIGHLIGHTS
- Attractive Pricing: Offered at $5,250,000, approximately 50% below SSF’s stabilized value.
- Flexible Financing Options: Underwritten for high-leverage SBA financing, HUD/Bridge-to-HUD financing, or conventional bank/insurance financing.
- Revenue Potential: Projected stabilized Pro Forma Revenue of $3,600,000 with $834,000 in EBITDAR.
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 71 |
| Property Subtype | Extra Care Housing | No. Floors | 1 |
| Costar Property Class | B | Year Built/Renovated | 1998/2018 |
| Total Plot Size | 0.62 ac | Tenancy | Single |
| Property Size | 12,918 sq ft | Parking Allocation | 1.55/1,000 sq ft |
| Use Class | R-3 with SO - Residential Single-Family (R-2) with a Senior Overlay (S.O.), supporting prior assisted living and memory care use. Potential alternative uses (e.g., | ||
| Property Type | Health Care |
| Property Subtype | Extra Care Housing |
| Costar Property Class | B |
| Total Plot Size | 0.62 ac |
| Property Size | 12,918 sq ft |
| No. Beds | 71 |
| No. Floors | 1 |
| Year Built/Renovated | 1998/2018 |
| Tenancy | Single |
| Parking Allocation | 1.55/1,000 sq ft |
| Use Class | R-3 with SO - Residential Single-Family (R-2) with a Senior Overlay (S.O.), supporting prior assisted living and memory care use. Potential alternative uses (e.g., |
AMENITIES
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 627-114-011 | Improvements Assessment | £2,026,246 |
| Land Assessment | £337,047 | Total Assessment | £2,363,292 |
PROPERTY TAXES
Parcel Number
627-114-011
Land Assessment
£337,047
Improvements Assessment
£2,026,246
Total Assessment
£2,363,292
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