Presenting this tremendous opportunity to acquire a well-established independent living residence in the Okanagan, operating at full occupancy with a consistent waitlist. The business has demonstrated strong and stable financial performance, with minimal owner involvement and an experienced team in place. The purpose-built facility comprises 20+ suites and was substantially renovated in the mid-2000s. It offers a comfortable, community-oriented environment with well-maintained common areas and amenities designed to meet the needs of an aging population. Situated in a quiet residential area, the property also offers land suitable for future expansion, creating a compelling opportunity for both ongoing income and growth. With low regional vacancy rates and increasing demand for seniors housing, this asset is well-positioned for long-term stability and upside.
- Asking Price:
- $2,500,000 (CAD)
- Sales Revenue:
- $560,000 (CAD)
- Cash Flow:
- Not applicable
