Courtesy of: Michael O'Coyne, RE/MAX Integrity Grants Pass, mocoyne.realtor@gmail.com
Courtesy of: Michael O'Coyne, RE/MAX Integrity Grants Pass, mocoyne.realtor@gmail.com
$1,750,000
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Lot: 7.95 Acres
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Other
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$1,750,000
625 Barbara Drive Licensed Residential Care Facility with real estate and operating business. Forest Meadows RCF is a fully licensed 15-bed facility at 93% occupancy with 14 residents. Recent 14th bed addition drives 2026 projected NOI to $300, 787 (17.19% cap at $1, 750, 000 asking). 2025 verified trailing financials: $705, 541 revenue, $255, 787 NOI (14.62% cap). One remaining bed adds ~$50K revenue, supporting full-occupancy NOI of $345, 787 (19.76% cap). Situated on 7.95 park-like acres outside Grants Pass. 8, 001 SF includes 10 resident bedrooms and private caregiver quarters. Extensive improvements: 50-year roof, multiple HVAC systems, remodeled kitchen, updated flooring, 1, 728 SF shop/garage. Established VA and medical provider referral network. Sale includes real estate and business. Financials with executed NDA.
Courtesy of: Michael O'Coyne, RE/MAX Integrity Grants Pass, mocoyne.realtor@gmail.com
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