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625 Barbara Drive 6,751 SF Health Care Building Offered at $2,411,028 CAD at a 17.42% Cap Rate in Grants Pass, OR 97526

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INVESTMENT HIGHLIGHTS

  • Fully licensed 15-bed Residential Care Facility
  • Strong private-pay revenue mix with stable referrals
  • Extensive capital improvements completed
  • 17.42% in-place cap rate with verified NOI
  • Situated on 7.95 private, park-like acres
  • Established operation since 2004

EXECUTIVE SUMMARY

Licensed Residential Care Facility offered with real estate and operating business. Forest Meadows RCF is a fully licensed 15-bed facility currently operating at approximately 93% occupancy with 14 residents in place. Trailing twelve-month financials reflect $708,880 in annual gross revenue with verified net operating income of $304,887, supporting a 17.42% cap rate at the asking price.
At full licensed occupancy, stabilized operations support higher income and value. The facility is situated on 7.95 park-like acres just outside Grants Pass and includes approximately 8,001 square feet with private caregiver quarters. Sale includes real estate and business. Financials available with executed NDA.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,411,028 CAD
Price Per Bed $160,735 CAD
Sale Type Investment or Owner User
Cap Rate 17.42%
Sale Condition Business Value Included
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Centre
  • Healthcare Skilled Nursing Facility
Lot Size 7.95 AC
Building Size 6,751 SF
No. Beds 15
No. Stories 2
Year Built/Renovated 1970/2023
Zoning RR-5 - Rural Residential (RR-5). Property is licensed and operating as a residential care facility under state approval.

AMENITIES

  • Wheelchair Accessible
  • Smoke Detector
  • Backup Power / Generators

ABOUT 625 BARBARA DRIVE , GRANTS PASS, OR 97526

Licensed Residential Care Facility operating on 7.95 park-like acres just outside Grants Pass, Oregon. Forest Meadows RCF is a fully licensed 15-bed facility with private caregiver quarters and supporting infrastructure. The property includes approximately 8,001 square feet of improved space with common areas, a newley remodeled kitchen, offices, and resident accommodations. The facility has undergone significant capital improvements, including a 50-year roof, multiple HVAC systems, updated flooring, and exterior improvements. The site offers ample on-site parking, privacy, and a functional layout designed for residential care operations. Sale includes real estate and operating business. Financial information available upon execution of a non-disclosure agreement.

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
Licensed Care Facility 15

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R317805
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$1,049,086 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 38830363

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: 625 Barbara Drive, Grants Pass, OR 97526

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