Now Accepting Qualified Investor Inquiries

Healthcare Triple Net
Where Smart Money Meets Stable Returns

A fully vacant, licensed behavioral health residential asset with a pending 10-year corporate-guaranteed triple net lease, positioned in the New York City metro area.

OFFERED AT $10,000,000
DEAL SNAPSHOT90-BED FACILITY
$1.0M
Annual Rental Income
10%
Cap Rate
20 Yrs
Lease Term
$3.0M
Implied Equity
📍 Brooklyn, NY — NYC Metro Area  •  Exact address released under NDA
A CLOSER LOOK

Meet the Property

Exterior views and illustrative floor / egress plans. Exact address shared under NDA.

AT A GLANCE

The Numbers Behind the Offering

$
$1M
Annual Rental Income
$3.0M
Implied Equity
20 Yrs
Lease Term
10%
Cap Rate
🛏
90 Beds — Licensed Substance Abuse Recovery & Detox Residential Facility
Purchase & Value Breakdown
Purchase Price$9,500,000
Renovation Budget$500,000
Stabilized Value$14,000,000
Overall Investment Angle
1

Fully Vacant, Licensed Behavioral Health Residential

Offered at roughly 20% below its fully occupied stabilized value.

2

Pending 10-Year Triple Net Lease

Backed by a corporate guarantee with limited landlord responsibilities.

3

Approved License & Waiver in Place

Approved to operate a substance abuse recovery and detox residential facility.

4

Qualified Tenant Ready

For immediate occupancy upon renovation completion.

5

NYC Metro Location

Blocks from major bus, subway, and highway access.

See the full underwriting behind this offering.

Request the confidential investment package for complete financials, lease abstract, and site details.

Request the Package →
TENANT PROFILE

Backed by an Established Care Platform

11+
Years Operating History
3,540
Patients Served Annually
4,452
Caregivers, Enterprise Network
4.2x
Lease Coverage, Projected EBITDA
$98M
Combined Guarantor Annual Revenue
ULTRACARE — Family Wellness Centers
$18M
Annual Revenue
ETERNAL CARE SERVICE INC.
$80M
Annual Revenue
RISK-ADJUSTED STRUCTURE

Multiple Layers of Protection

1

Lease Guarantor & Financial Anchor

Eternal Care Service Inc. provides a full corporate guarantee for the lease obligation.

2

Flagship Operating Platform

Ultracare's licensed home care services agency (LHCSA) brings a proven operating track record.

3

Stabilized Lease Metrics

  • Projected annual revenue: $14,000,000
  • Lease coverage ratio: 4.2x
  • Target EBITDA coverage: 2.0x
4

Layered Financial Support

Operating cash flow support, corporate guarantee, established platform strength, and financial capacity up to $5M.

Request the Confidential Offering Package

Complete the ASK Capital Know-Your-Investor form to receive full underwriting, the lease abstract, guarantor financials, and the exact property location under NDA.

Complete the Investor Form →

A member of the ASK Capital deal team will follow up within one business day.

Accessibility Toolbar

×
Loading...
Picture 1 of 1