4614-4616 SW 7th Pl - Assisted Livings FOR SALE


Cape Coral, FL 33914- Pelican
$2,690,000 USD
4614-4616 SW 7th Pl, Cape Coral, FL for Sale
$2,690,000 USD
Assisted Livings - FOR SALE
1/18
null | 8.41% Cap Rate

4614-4616 SW 7th Pl
Cape Coral, FL 33914
Pelican


HIGHLIGHTS

  • Licensed 12 Bed Assisted Living Facility w/ Potential to expand to an additional 60 beds!
  • 8.41% Actual CAP Rate!
  • Shovel Ready / Approved Permit
  • Perfect for an investor!

OVERVIEW

Fully operational assisted living facility with 12 licensed beds, 100% occupancy, and experienced staff in place. The 3,705 SF building sits on a 0.92-acre lot and generates $617,475 in gross revenue with $226,306 in net income, offering an 8.41% actual cap rate at full asking price. The property includes an adjacent lot with approved plans to develop a new facility, allowing for a significant bed expansion potential of up to approximately 60 beds. This offering provides immediate cash flow with future growth upside in a supply-constrained ALF market. Do not disturb operations. All showings by appointment only.

FOR SALE DETAILS

PRICE

$2,690,000 USD

PRICE/SF

$567 USD /SF

CAP RATE

8.41%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,338 SF

ZONING

R3-D

APN/PARCEL ID

11-45-23-C4-01711.0220

ASK ABOUT THIS PROPERTY

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