2789 Rafferty Road Hemet, CA 92545

$6,800,000
2789 Rafferty Road, Hemet, CA 92545
OC18108951

Commercial Property for sale in Hemet, CA

for $6,800,000. The lot size is 109335.60 Sqft..

Property Information

  • $6,800,000
  • Commercial
  • Business
  • Active
  • Lot size of 109335.60 Sqft.
  • Hemet, CA
  • Riverside County
  • MLS/Web ID is OC18108951

Description

Premier Residential Care Facility for the Elderly, great investment opportunity!Originally built in 1999, renovated in 2007 for more than $300, 000, one of the nicest facilities & best location in Hemet with great park view!Currently licensed for 102 bed/54 unit including 20+ hospice; Total lot 2.51 acres including 1.03 acres empty land which can be build up to 120 extra beds for future expansion.Total 3 buildings: Building A assisted living 17, 044 sqft + Building B memory care 17, 044 sqft + Building C administration/kitchen 4, 644 sqftCurrent lease agreement expires September 2018 with $40, 000/monthCity of Hemet in Riverside county is one of the oldest cities in California. Currently there is more than quarter of the population is older than 55, there are more than 350, 000 senior residents in Riverside county and predicted to reach 1 million seniors before 2050.

Interior 2

Building Amenities

  • Laundry

Water Source

  • Public Water

Miscellaneous 1

Location

  • Near Park

† Excluded Feature

Listed By

Broker: HARCOURTS PRIME PROPERTIES

2789 Rafferty Road, Hemet, CA, 92545 is a Commercial Property for sale at $6,800,000 with a lot size of 109335.60 Sqft.. 2789 Rafferty Road has 0.0 baths. The property's zip code is 92545 which is in Hemet, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Hemet $366,349 95 % below $265,000 96 % below
Commerical listings in Hemet $1,054,159 84 % below $388,888 94 % below

Get the facts about Hemet, CA!

Population 82,105
Population Growth (since 2000) 37 %
Median Income $33,678
Median Age 38.33
Households w/ Children 30 %

Residential Dwellings

  • Owned 19548
  • Vacant 4751
  • Rented 11799

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