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105 Assisted Living
Hollywood, FL 33020

Midtown Manor · Health Care Property For Sale · 105 Beds

Investment Highlights

  • 105 Bed Assisted Living Facility
  • Excellent Investment Opportunity
  • 11% Projected Cap Rate!

Executive Summary

A 105-­bed licensed Assisted Living Facility located in desirable South Florida. The physical property consists of a total of 27,270 SF, well situated on a 23,707 SF lot. The facility is fully licensed and operating and has a historic occupancy of 95%-99%. Experienced staff and licenses will remain after closing. This is an
excellent investment opportunity in a market with very limited inventory.

PROPERTY FACTS

Price Per Bed £92,415
Sale Type Investment
Net Initial Yield 6.50%
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 0.46 AC
Building Size 27,270 SF
No. Beds 105
Number of Floors 3
Year Built 1972

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-42-15-01-1970
Land Assessment
£315,343
Improvements Assessment
£1,779,479
Total Assessment
£2,094,822

zoning

Zoning Code RMCRA-76
RMCRA-76
  • Listing ID: 34111633

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 105 Assisted Living, Hollywood, FL 33020

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