Seller's Contact Information
- RE: 2 Lake Properties Purpose Built For Specialty Care
- Contact: Young Bebus
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 916655277 | |
| Broker Reference #: | 42680023 |
Business Overview:
Don't miss out on this beautiful 2 lake view properties in adjacent cities in Meeker County, West Central Minnesota. The properties were purpose built and used for Dementia care for 20 years with a strong reputation. Two properties will be vacant as of DEC 2019.
Future use is not limited to an Assisted Living Dementia Care. However, the buyer will be able to take advantage of these specially designed properties surrounded by the lake, nature and amenities to provide a specialty care, Veteran's program, recovery center, or treatment programs etc.
Build outs include Beauty Salon, whirlpool rooms, laundry rooms, family room with fireplace, solarium, raised garden and *pet therapy barn (*Pet therapy barn is available in Property 1. Property 2 was plotted for an expansion to add additional buildings.) Property 1 has 7 units designed for 14 occupants capacity, nestled on 11 Acre land. Property 2 has 14 units designed for 26 plus 1 respite occupants capacity, nestled in 11 Acre land.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Both properties were specially designed to provide home like settings for those with memory loss. One story design that is safe, bright with natural lights and easy for residents to roam around fosters social and therapeutic activities and heightens the level of resident engagement. Darwin house offers an escape from the beaten path, quietly tucked beside Lake Washington just a few short miles south of Darwin, MN. To the east of Darwin House, Dassel House is on a peninsula surrounded by Sellards Lake which is ideal for watching the birds and wildlife. Darwin property’s design was similar to Dassel.
Market Competition and Expansion:
Rural Minnesota is already older than the state as a whole and older than the Twin Cities metro area. This trend will continue into the future. In 2030, about 22.6% of Greater Minnesota’s population will be 65 and over compared to 20.6% for the state as a whole and 19% for the Twin Cities. About 47% of the 65-and-over population lives in Greater Minnesota. The oldest counties in the state are located in Greater Minnesota. Right now, the 85 population represents a slightly larger percentage of the total population of Greater Minnesota than of the state overall; by 2030, 3.0% of the population in Greater Minnesota will be 85 or over, compared to 2.7% for the state as a whole. There is a somewhat higher need for long-term care in rural Minnesota, since this need is correlated with older ages. An estimated 11% of those ages 65-84 need long-term care, as do 55% of persons 85 and over. Thus in 2030, an estimated 115,212 of the 65-and-over population in Greater Minnesota will need some level of long-term care.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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