7435 Plathe Rd - Assisted Livings FOR SALE


New Port Richey, FL 34653- New Port Richey East
$7,900,000 USD
7435 Plathe Rd, New Port Richey, FL for Sale
$7,900,000 USD
Assisted Livings - FOR SALE
1/2
null | 8.03% Cap Rate

NEW


7435 Plathe Rd
New Port Richey, FL 34653
New Port Richey East


HIGHLIGHTS

  • 76-Bed Assisted Living Facility with Memory Care
  • Fully Licensed and Operational
  • 8.03% Actual CAP Rate
  • Real Estate, Licenses and Business is included!

OVERVIEW

The subject property is a 76-bed licensed Assisted Living Facility located in New Port Richey, Florida. The property consists of a 22,049 SF facility situated on a spacious 2-acre parcel. The facility is currently 76% occupied with 58 residents and features a large dining area, multiple common areas, outdoor patios and garden space, and spacious accommodations for residents. The facility is currently grossing $2,047,610 and netting $634,230 annually, this gives an investor a 8.03% actual CAP rate at full asking price. With strong demand for senior housing throughout the region and limited assisted living inventory available, this facility presents a compelling opportunity to acquire an established ALF with stable operations and long-term growth potential.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

8.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

AR

APN/PARCEL ID

10-26-16-0000-02700-0010

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

John DeMarcoRE/MAX 5 Star RealtyMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.