1438 Pacific Street, Redlands, CA 92373
Commercial property
Sold September 2023
Listing Agent: RAMON ACERETO (DRE #01891608) · Listing Office: Executor Real Estate · Contact: 909-809-8570 · Bought with: RAMON ACERETO · Executor Real Estate · MLS #EV23084197 · Source: CRMLS
About this commercial property
14-BED RESIDENTIAL CARE FACILITY FOR THE ELDERLY. Located in an affluent South Redlands neighborhood. The facility is being sold in conjunction with another Pacific Pines facility located at: 5850 Manzanita Ave. Angelus Oaks CA 92305 (15-Bed Facility). Additionally, with the purchase of the Angelus Oaks property, you will get the "First-Right-Of-Refusal on a new 60-Bed facility being actively built in Redlands. If you were to purchase all three facilities, you would gain the largest market share of the RCFE Medical Business Model in the general Redlands geographic region. The Pacific Pines brand is unsurpassed for quality care facilities with value pricing. All three of the facilities are approved Medi-Cal Assisted Living Waiver Vendor Facilities. Our occupancy rate is at the top of the industry with an annual average of about 95% occupancy rate. Please visit our website and take all the video tours at: www.pacific-pines.com.
Listing description from the September 2023 sale, as reported to CRMLS.
Sale history