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625 Barbara Drive
Grants Pass, OR 97526

$1,750,000 USD

Assisted Living For Sale  •  6,751 SF

Property Details

  • Property Type Assisted Living
  • Total Building Size 6,751 SF
  • Lot Size 7.95 AC
  • Year Built 1970
  • Zoning RR-5
0 Transit Score
1 Walk Score

Description

Forest Meadows Residential Care Facility is a fully licensed 15-bed residential care facility currently operating at 100% occupancy with all licensed beds filled. Operations are stabilized, and financial performance reflects in-place revenues and expenses rather than projections.

Trailing twelve-month operations reflect approximately $975,000 in annual gross revenue with operating expenses of approximately $454,754, resulting in net operating income of approximately $520,246. At the $1,750,000 asking price, this represents a 29.73% cap rate based on verified operating performance.

The facility benefits from a fixed-cost operating structure, allowing incremental revenue to flow primarily to the bottom line as rates and occupancy have increased. Recent reimbursement rate adjustments and payer mix changes are fully implemented and reflected in current financials.

The property is situated on approximately 7.95 acres just outside Grants Pass and includes approximately 8,001 square feet, including private caregiver quarters. The sale includes the real estate, licensed operating business, and established care model, including cannabis-focused treatment protocols where permitted.

Detailed financials and supporting documentation are available with an executed NDA.

Highlights

Fully licensed 15-bed Residential Care Facility
17.19% projected 2026 cap rate with 14th bed recently added
2025 verified NOI of $255,787 (14.62% cap) with clear upside path
One remaining bed = $50K revenue upside to 19.76% cap at full occupancy
Strong private-pay revenue mix with stable referrals
Situated on 7.95 private, park-like acres

Amenities

  • Wheelchair Accessible
  • Smoke Detector
  • Backup Power / Generators

Public Transportation

AirportDriveWalkDistance
Rogue Valley International - Medford 49 min - 32.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Michael O'coyne 541-218-7762 RE/MAX Integrity
Michael O'coyne 541-218-7762 RE/MAX Integrity