La Palma Royale (the “Property”) is a 73,641 square foot, licensed two-story assisted living facility in Anaheim, California. Originally built in 1974, and remodeled twice, the Property currently has 199 beds with the right to increase to 264 beds. The Property is equipped to provide first class amenities, security, and fully-staffed nursing facilities to its elderly residents. The borrower has been actively managing the facility for the last few months and is under contract to purchase the Property from seller.
525 La Palma Ave, Anaheim, CA 92801