The Westview Estates Senior Living Site

99 plat approved lots Zoned CR-3 for SFRs, agriculture, schools, churches, daycare, Senior living. As Senior Living: cost per 1000 ft 2 bd/2 ba unit ............$156,000 x 99 $15,444,000 Horizontal..................................................2,000,000 Land ? .....................................................4,400,000 basic total................................................$21,844,000 solterra senior living estimates (available upon request) rents to range from $2800 to $3800 per month at this location depending upon level of care. Lower Rent Spectrum Pro Forma: 99 x 12 2800 is gross annual income of $3,326,400 less 30% vacancy & expenses.................(..997,920) Annual Net Operating Income $2,328, 480 FINISHED VALUE AS A PORTFOLIO AT 7% CAP: $33,264,000