For Sale - Fully Leased Investment Property. Established Residential Care Facility for the Elderly (RCFE). This well-established RCFE is currently generating rental income 32% above the local market average. With built-in annual rent increases of 4%, the income is projected to grow by an additional $600 annually, resulting in 49% above-market income in the coming years. An excellent opportunity to acquire an instant income-producing property with 2.5 years remaining on a triple-net lease with a long-term tenant in a stable industry. Strong rental income with potential for lease renewal. Highlights: - Fully leased to reputable tenant - 2.5 years remaining on lease term - Minimal landlord responsibilities - Ideal for investors seeking reliable cash flow
Active
Price cut: $90 (8/13)
$649,990
5406 Sage Ct, Rocklin, CA 95765
--beds
0baths
1,735sqft
Est.:
Other
Built in 1997
-- sqft lot
$597,800 Zestimate®
$375/sqft
$-- HOA
What's special
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