Vacant ALF 21 Beds Fully LicensedThe facility is fully licensed.


Property

Website:https://www.nestseekers.com/5619663
Address:
Hollywood, FL 33020
Ownership: For Sale
Type: Unknown
Lot Size: 0.3 Acres

Financials

Price:$2,500,000
Annual Taxes:$10,751

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.

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of RE/MAX 5 Star Realty

Hollywood FL 33020 USA