326 S Main St, Elmer, NJ 08318
- $769,000
- List Price
- $769,000
- Price Change
- ▼ $200,156 1764365672
- Days on Market
- 421
- Status
- ACTIVE
- MLS#
- NJSA2014694
- Year Built
- 1890
- County
- Salem
- School District
- Elmer Boro
Property Description
Lakeside Manor is a 32 Bed, free standing Residential Health Care Facility licensed by the State of New Jersey Department of Community Affairs to provide personal care to up to 32 residents. Fully staffed, it allows residents to enjoy their short or long term occupancy. The facility has just received its 2025 DCA State License in March, this being the 10th year of ownership and approved licensing. Located in Elmer, Salem County, Lakeside Manor sits across from Elmer Lake providing a tranquil, peaceful setting. As currently structured, Lakeside Manor produces a Cap Rate of over 11% with a possibility of increasing the profitability, Well established and stable facility that has been well kept for a decade of current ownership.
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Additional Information
- Area
- Elmer Boro (21703)
- Taxes
- $17112
- School District
- Elmer Boro
- Heating
- Forced Air
- Heating Fuel
- Oil
- Cooling
- Central A/C
- Water
- Public
- Sewer
- On Site Septic
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Listing courtesy of Real Broker, LLC. Contact: 8563524045