Located 2 miles from Hwy 75 and only 3 miles from the Manatee Memorial Hospital, this property is the perfect location for a 98-Bed ALF. The owners are a large hotel-multifamily development company who have completed 50% of the construction and have decided to sell the property and the remainder of the construction, keeping their interest in the hotel industry. The structure is top of the line construction that includes block construction and Spanish style roof and gutter system. Partition framing is installed, most plasterboard included. Electrical, plumbing and HVAC is short of completed. Note: Estimated cost to complete the development may be around $6 million, depending on the extent of the amenities offered. Construction completion is approximately a year. Full Architectural plans, renderings and budget is available upon request.