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SOBER LIVING / RECOVERY HOMES 27 BEDS 2 Health Care Properties Offered at £841,117 in Multiple Locations
INVESTMENT HIGHLIGHTS
- 27 Bed Recovery Homes, Current Inspection, Legal Use
- Spacious Grounds
- Close to interstates and airports
- 1 Bedroom Guest Cottage
- Circular Drive with Ample Parking
- 2 Separate Locations, Middletown Township and Morrisville
EXECUTIVE SUMMARY
Rare Offering,Legally Compliant Group Home / Sober Living Houses.
Located in Levittown and Morrisville, in Bucks County, Pa. 310 Frosty Hollow Road in Middletown Township, is a 14 Bed Recovery Home with a One Bedroom Guest Cottage.
542 Barclay in Morrisville is a 13 Bed Recover Home
Typical Rents $175. Per Week Per Bed... $175. x 27 = $4725.Per Week x 52 Weeks = $245,700 Potential Gross Rents Annually. Or $20,475. Per Month.
Located in Levittown and Morrisville, in Bucks County, Pa. 310 Frosty Hollow Road in Middletown Township, is a 14 Bed Recovery Home with a One Bedroom Guest Cottage.
542 Barclay in Morrisville is a 13 Bed Recover Home
Typical Rents $175. Per Week Per Bed... $175. x 27 = $4725.Per Week x 52 Weeks = $245,700 Potential Gross Rents Annually. Or $20,475. Per Month.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
£183,700
|
| Other Income |
-
|
| Vacancy Loss |
£18,505
|
| Effective Gross Income |
£165,195
|
| Taxes |
£13,458
|
| Operating Expenses |
£26,168
|
| Total Expenses |
£39,626
|
| Net Operating Income |
£125,569
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £183,700 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | £18,505 |
| Effective Gross Income | |
|---|---|
| Annual | £165,195 |
| Taxes | |
|---|---|
| Annual | £13,458 |
| Operating Expenses | |
|---|---|
| Annual | £26,168 |
| Total Expenses | |
|---|---|
| Annual | £39,626 |
| Net Operating Income | |
|---|---|
| Annual | £125,569 |
PROPERTY FACTS
| Price | £841,117 | Number of Properties | 2 |
| Price psf | £133.07 / sq ft | Individually For Sale | 0 |
| Yield | 14.93% | Total Property Size | 6,321 sq ft |
| Sale Type | Investment | Total Land Area | 0.65 ac |
| Status | Active |
| Price | £841,117 |
| Price psf | £133.07 / sq ft |
| Yield | 14.93% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 6,321 sq ft |
| Total Land Area | 0.65 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 310 Frosty Hollow Rd, Levittown, PA 19056 | Health Care | 3,660 sq ft | 1860 | - |
| 542 Barclay Ave, Morrisville, PA 19067 | Health Care | 2,661 sq ft | 1946 | - |
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Shay Real Estate
SOBER LIVING / RECOVERY HOMES 27 BEDS
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