801 SW 10th Dr - Health Care FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$8,000,000 USD
813-391-1545
801 SW 10th Dr, Pompano Beach, FL for Sale
$8,000,000 USD
Health Care - FOR SALE
1/10
null | 10.38% Cap Rate


HIGHLIGHTS

  • TURN-KEY OPERATION
  • HIGH INCOME - HIGH RETURN
  • APPRAISED VALUE = $8.5M

OVERVIEW

This offering is a well-established “Turn-Key” 71-Bed Assisted Living Facility. The facility has been in operation with two groups that are ongoing clients of our company and have been in operation with them since 2013. The current owner purchased the facility in 2019 and has taken it to the next level for the new owner, who will continue to improve the business while earning a very nice income. The Green Life ALF includes: • 43-Units-71-Beds in Operation • 2-Buildings/2-Stories/14,036 SF • Built: 1975 • Zoning RM-20 Current Financial Information • Current Occupancy: 95% • Gross Revenue: $2,015,000 • NOI: $830,407

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$750 USD /SF

CAP RATE

10.38%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

71-Bed ALF - 10.5% Cap Rate!

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,444 SF

ZONING

RM-20, Pompano Beach

APN/PARCEL ID

49-42-02-03-0670

ASK ABOUT THIS PROPERTY

Benny SpensieriCRES Corp International, LLCMore Info
813-391-1545

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Benny SpensieriCRES Corp International, LLCMore Info
813-391-1545

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