Off Market

630 S 200 E, St. George, UT 84770

$1,375,000

Templeview Independent Living is a beautiful facility dedicated to providing a clean and safe environment for active elders and those who want a little extra help. Operating near 100% occupancy, this business has a long track record of success, in operation since 2003. Producing a 9.86% CAP rate, it is ideal for either an investor or owner operator. Showings are by appointment only. Call for detailed financial data. Templeview offers around the clock support from a fantastic team of caregivers. With 24-hour monitoring in a safe and secure setting, 3 dietitian approved meals every day, laundry and housekeeping services, a computer resource center with Wi-Fi, and transportation to shopping and sightseeing, the amenities and staff make residents and their loved ones comfortable. To generate additional income, the indoor pool and hot tub area could be converted into more rooms or a physical therapy space. Templeview features 2 full kitchens, 2 laundry rooms, and it is handicap accessible. With an impressive geothermal heating and cooling system, the utility costs are extremely low. The management and staff keep Templeview in top shape creating an elegant atmosphere for residents that will allow them to enjoy this home for many years to come. The FF&E, a van, the business, and real estate are included in the sale.

Photos (20)

Listing courtesy of Joseph Allen, Realty Absolute.

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