6809 Barnard Mill Road

    Ringwood, IL 60072
    • $1,250,000
    • STATUS: Active
    • ON SITE: 76 days
    • MLS #: 10092301
    UPDATED: 39 min ago
    $1,250,000
    • 0
      BEDS
    • 2.0-2.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,880
      SQFT
    • $256
      $/SQFT

    School Ratings & Info

    Description

    INVESTMENT OPPORTUNITY....This investment property consists of a 7 unit assisted living facility known as Shepherd Premier Senior living and is fully occupied. The owners did extensive remodeling in early 2015 with a fall 2015 opening. With just under 5,000 square feet on 2.998 acres of land this location is desired by families as it offers a quiet environment surrounded by natural beauty. Appraisal of property was done in March 2018 with a value conclusion of $1,800,000. Tenant pays all expenses except for taxes and insurance on the property. Current NOI is $102,000.

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-10T18:50:37.88.

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    www.bazrealtynetwork.com/homes/87876051

    6809 Barnard Mill Road Ringwood, IL 60072

    • Price: $1,250,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 10092301
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.0-2.99 Acres
    Acres
    4,880
    SQFT
    $256
    $/SQFT
    Neighborhood:
    Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
    County:
    McHenry
    Area:
    Holiday Hills / Johnsburg / Mchenry / Lakemoor / Mccullom La
    Property Description
    INVESTMENT OPPORTUNITY....This investment property consists of a 7 unit assisted living facility known as Shepherd Premier Senior living and is fully occupied. The owners did extensive remodeling in early 2015 with a fall 2015 opening. With just under 5,000 square feet on 2.998 acres of land this location is desired by families as it offers a quiet environment surrounded by natural beauty. Appraisal of property was done in March 2018 with a value conclusion of $1,800,000. Tenant pays all expenses except for taxes and insurance on the property. Current NOI is $102,000.
    Exterior Features

    Approx Land Sq Footage 4880 Lot Dimensions 240X400X195X117X206X50X75X Lot Sq Ft 108028 Number Of Parking Spaces 10 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 102000 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 1-3 Years Business Name Shepard Premier Senior Living Business Type Nursing/Retirement Home Corporate Limits Ringwood Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2018 Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 0 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 648000 Heat Ventilation Forced AirGas Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances None Known Net Operating Income Year 2018 Net Profit 120000 Net Profit Source Owner Projection Possession Closing Property Offered For Sale Only Proprietary Info AppraisalLeases-CopiesPlans And SpecsProfit And Loss StatementSurvey ExistingTax Bill Real Estate Included YN Yes Tax Year 2017 Taxes 10057 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialRepairs And MaintenanceScavengerWater/Sewer Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease Gross Lease Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Unlimited Northwest.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-10T18:50:37.88.

    Digital Millennium Copyright Act
     
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