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183/185 E John St,  Markesan,  WI  53946 $2,300,000 Sold
183/185 E John St,  Markesan,  WI  53946
$2,300,000
Sold
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 Property Type Business/Commercial
 Parcel # 999-99999-9999
 County Green Lake
 Sub Area I10
 Municipality Markesan
 MLS# 1792396
 Listing Date 12/27/2016
 Sold Price $1,720,000
 Close Date 08/31/2017 12:00 AM

MLS Public Remarks  Barrett House & Samuel?s Grove. Perfect opportunity to take over ownership of 2 established/successful Assisted Living Facilities on a picturesque 6.7 acre parcel. Zero deferred maintenance on either property along w/ happy residents shows the pride of ownership that sets these owner-operated buildings apart from the rest. BARRETT HOUSE: Full service multi-care CBRF licensed for 15 residents w/ 3 separate independent apartments for add?l income. SAMUEL?S GROVE: RCAC-certified independent residential care apartment complex with 24 hr staffing. License capacity 17 units (8 RCAC, 9 independent).
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Markesan
  • C/T/V  City
  • Unit #  
  • Directions  From South Marquret Street Turn Right Onto W. John Street (turns Into E. John Street) Properties Are On The Left.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  32
  • Building Gross SqFt  17,650
  • Net Leasable SqFt  17,650
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  1x1
  • Street Frontage  999
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  2
  • Ceiling Height Min  1
  • Ceiling Height Max  1
  • Number of Loading Docks  0
  • Zoning  R-2
  • Est. Total Acres  6.73
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  Barrett House Inc.
    • ASSESSMENT & TAXES  
  • Land Assessment  $73,900
  • Assessment Year  0
  • Net Taxes  $34,997
  • Tax Year  2016
  • Improvements  $1,302,800
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,015
  • Gross Operating Income  $695,577
  • Annual Operating Exp  $487,798
  • Net Operating Income  $207,779
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 n/a n/a No $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Electric, Natural gas
  • Seating Capacity  21-30 persons
    • EXTERIOR FEATURES  
  • Type   CBRF, Other
  • Exterior Treatment  
  • Building Parking  11-20 spaces, Onsite
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Inventory list, P & L statement, Property Condition Report
  • Location  Residential area
  • Tenant Pays  N/A
  • Present Use  CBRF, Other
  • Licenses  Special use
  • Lease Type  Mixed lease types
  • Occupied by  
  • Sale Includes  All equipment, All furniture, Business name, Inventory, Receivables
  • Features  Inside storage, Internal sprinkler, Private Restrooms, Reception area, Residential unit(s), Shared Restrooms, Smoke detector(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc