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  • For sale
85-Bed CBRF Investment Opportunity - #1
85-Bed CBRF Investment Opportunity - #2
85-Bed CBRF Investment Opportunity - #3
85-Bed CBRF Investment Opportunity - #4

For Sale

$1,550,340 USD

Colliers International | Wisconsin is pleased to exclusively offer a rare opportunity to acquire a former 85-bed Community Based Residential Facility located in Milwaukee, WI. This 25,839 square foot rehabilitation facility  located at 2436 North 50th Street is fully leased.


The property offered for sale operates as Gro Family Services, specializing in outpatient, residential and correctional mental health, substance abuse and reintegration treatment services. Gro has occupied the property since 2018 and currently has a long term lease in place through October 2027. 


 


 


Highlights
• Rare 85-bed CBRF in Milwaukee, WI.
• Triple Net leased property.
• High barriers to entry and replacement costs.
• Numerous recent capital improvements.