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Profitable Okanagan Seniors Home

Opportunity to acquire a well-established independent living residence in the Okanagan, operating at full occupancy with a consistent waitlist.

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Asking Price:

$2,700,000

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Revenue:

$560,000+

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EBITDA:

$160,000+

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Sector:

Seniors Housing

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Region:

Okanagan

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Asking Price:

$2,700,000

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NOI:

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Cap Rate:

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Location:

Okanagan

Overview

This business has demonstrated strong and stable financial performance, with minimal owner involvement and an experienced team in place. The purpose-built facility comprises 20+ suites and was substantially updated in the mid-2000s. It offers a comfortable, community-oriented environment with well-maintained common areas and amenities designed to meet the needs of an aging population. Situated in a quiet residential area, the property also offers land suitable for future expansion, creating a compelling opportunity for both ongoing income and growth. With low regional vacancy rates and increasing demand for seniors housing, this asset is well-positioned for long-term stability and upside.

Listing Highlights
Minimal Owner Involvement
Expansion Potential
Fully Occupied with Waitlist

E. & O. Insurance. The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.