$4,200,000 $22,547 est/mo Sourced by Back At You
MLS Number: A11704611
Description
Fully licensed and operational Assisted Living Facility (ALF) portfolio comprising three facilities with a total of 25 licensed beds, located in the desirable South Florida markets of Pompano Beach, Plantation and Coral Springs. The portfolio generates a total actual Gross Operating Income (GOI) of $864,769 and a Net Operating Income (NOI) of $149,061, with potential for significant future growth.With the potential to adjust bed rates, investors could achieve a projected GOI of $1,324,800 and an NOI of $548,761.41, offering an impressive projected CAP rate of 13.1%.
Details
| MLS# | A11704611 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 42 |
| Listing Provided By | RE/MAX 5 Star Realty | John DeMarco |
Features
| SQ Feet | 7,768 |
|---|---|
| Zoning | RS-3K S |
| Acreage | 12501.00 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Plantation |
| Zip Code | 33324 |
| Area | 3760 |
| Listing VS Median (in 33324) | |
Price: $4,200,000 low | high Med: $249,900 SqFt: 7,768 low | high Med: 1,015 $ / SqFt: $541 low | high Med: $246 On Site: 42 low | high Med: 477.000000 | |
Listing Updated: January 11, 2025 at 8:25:47 AM PST