1320 SW 26th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1320 SW 26th St
5,477 SF Health Care Building Offered at £3,129,018 at a 8.76% Net Initial Yield in Fort Lauderdale, FL 33315
Investment Highlights
- 35-Bed Assisted Living Facility
- 8.8% Actual Capitalization Rate
- Excellent Investment Opportunity
- 100% Occupied with a Waitlist
- 12.8% Projected Capitalization Rate
- Real Property and Business Included
Executive Summary
The physical property consists of two buildings total of 5,507 SF, well situated on a large 15,565 SF lot. The property has 16 rooms with a total of
35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents with a waiting list. Experienced staff will remain after closing. The facility generated $781,630 in gross revenue and net $350,641 in 2022. Projected gross revenue for 2023 is expected to go up to $940,830 with net income raising to $513,505. This income provides a strong 12.8% capitalization rate at full asking price. This is an excellent investment opportunity in a market with very limited inventory.
Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for
additional information.
35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents with a waiting list. Experienced staff will remain after closing. The facility generated $781,630 in gross revenue and net $350,641 in 2022. Projected gross revenue for 2023 is expected to go up to $940,830 with net income raising to $513,505. This income provides a strong 12.8% capitalization rate at full asking price. This is an excellent investment opportunity in a market with very limited inventory.
Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for
additional information.
Property Facts
| Price | £3,129,018 | Lot Size | 0.36 AC |
| Price Per Bed | £89,401 | Building Size | 5,477 SF |
| Sale Type | Investment | No. Beds | 35 |
| Net Initial Yield | 8.76% | Number of Floors | 1 |
| Property Type | Health Care | Year Built | 1946 |
| Property Subtype | Assisted Living | Parking Ratio | 1.64/1,000 SF |
| Building Class | C |
| Price | £3,129,018 |
| Price Per Bed | £89,401 |
| Sale Type | Investment |
| Net Initial Yield | 8.76% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 5,477 SF |
| No. Beds | 35 |
| Number of Floors | 1 |
| Year Built | 1946 |
| Parking Ratio | 1.64/1,000 SF |
1 of 1
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £220,580 | |
| Land Assessment | £146,146 | Total Assessment | £366,727 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£146,146
Improvements Assessment
£220,580
Total Assessment
£366,727
zoning
| Zoning Code | B-2 |
| B-2 |
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
RE/MAX 5 Star Realty
1320 SW 26th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.