5171 Alamosa Park Dr, Oceanside, CA 92057

Property Description

Investors Dream: 5.5% Rising Cap rate from stable tenant with 5 year lease. Well maintained 2 story home being run as a successful licensed 6 bed Elderly Care Facility in well-known Oceanside neighborhood of Guajome. Planted with low maintenance landscaping including 3 citrus and an apple tree. A Fountain, Large Gazebo, and exterior back Patio add to the ambience. Vista Schools, Alamosa Park Elementary across the street, Alamosa Park within walking distance and Guajome County Park and Lake down the street This home is being offered subject to the existing 5 year lease. 10 bedroom, 6 bathroom 3,843 sq.ft. home has been remodeled and customized specifically for this efficiently run Secure Elderly Care Facility. Downstairs are six (6) resident rooms, two with Ensuites and four connected to Jack and Jill Bathrooms. Each room has direct access to the back and outside patio areas. The centrally located Large Chef’s Kitchen allows for easy food prep. There is a Living Room, Dining Room and Family Room, plus huge laundry are in the garage and two ancillary/break rooms to complete the downstairs. The care-givers occupy the upstairs four bedrooms and 2 bathrooms. There is a spacious 3 car garage and plenty of outdoor space around the perimeter. The lease providing that the Tenant is responsible for all property maintenance and repairs, is available upon request. Great Neighborhood, profitable business, large Cap rate, this opportunity won’t last. Exterior: ,