Hollywood, FL 33020

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.3 Acres

Financials

Price:$2,500,000
Annual Taxes:$10,751
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of RE/MAX 5 Star Realty

Vacant ALF 21 Beds Fully LicensedThe facility is fully licensed.

    Description

    Vacant ALF 21 - Beds Fully LicensedThe facility is fully licensed. Once fully occupied, the gross revenue is expected to go up to $840,000, with net income of $ 294,000. The projected income will provide the investor with a strong 12% capitalization rate at the full asking price. This is an excellent investment opportunity in a market with very limited inventory.

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.