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%.
Property Details
Price:
$4,200,000
MLS #:
A11704611
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Plantation
Listed Date:
Dec 5, 2024
State:
FL
Finished Sq Ft:
7,768
Total Sq Ft:
7,768
ZIP:
33324
Year Built:
1977
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Schools
Interior
Exterior
Community
55+
Financial
Taxes
$14,786
Map
Community
- Address621 NW 76th Ave Plantation FL
- CityPlantation
- CountyBroward County
- Zip Code33324
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