I would be happy to give you a tour, just give me a call at 476-2155.

Frankie

The house at 490 Hwy 8 is a very special business opportunity.
It is a special care home, licensed for 8 “level 2″ patients.
Level 2 means they can feed themselves, dress themselves, etc. but they have some restrictions which make it impossible for them to live alone.
They need the structure of a home environment, they need supervision, and they need their meals prepared for them.

All of the patients are placed there by the provincial government, so the government pays $2, 115.83 per resident per month.
This amount is tax free if the owner/operator lives in the home.
So, gross income is $16,926.64 per month.

The owner operator is required to care for the patients, provide shelter, food, well being, etc.
The families of the patients or the government are responsible for their medicines and their clothing.

The purchase price includes the house, shed, land, furniture, appliances , equipment and supplies. In other words it is a turn key operation.

The present owner is approaching retirement age and would like to stop working soon.
She is available to work for the new buyer for a month or so to teach the procedures, schedules, etc.
After that she would be available for respite care if needed, she lives in the area.

The house is very nice, it was built especially for a special care home, with wide hallways, sprinkler system, oversize septic, well purifier, etc. etc.
There is an emergency plan in place ( as required by government).
There is an appraisal on file.
The property is on land titles.
It is water front, it is situated on the shore of the Nashwaak River, so the view is beautiful.
The home is approx. 15 min. from Fredericton.

The owner is willing to provide financial documents to serious buyers.

If you require more information, let me know.

Frankie Gillespie
Remax Group Four Realty Ltd.
Fredericton, N.B.

506-476-2155 Cell

506-452-9888 Bus.
506-452-1590 Fax

www.frankiegillespie.com

Frankie

Thank you.

The water source is a drilled well, with plenty of good water.
The septic system is fairly new, with a proper septic field. Not sure of the exact age.
The main source of heat is an oil fired furnace.
The house is approximately 60 years old, with a basement. The foundation is concrete block.
The bathroom is on the second floor.
There is plenty of land to add a piece to the house and construct a bathroom on the main floor.
I hope this answers all of your questions, I can be contacted at 506-476-2155.
Frankie