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381+ Bed Assisted Living Facility

4 Health Care Properties Offered at £35,210,251 in Multiple Locations

Investment Highlights

  • 4 Fully Licensed and Operational Assisted Living Facilities
  • Proforma CAP Rate: 8.29%
  • Total Licensed Bed: 381 Bed
  • Perfect for an investor!

Executive Summary

Fully licensed and operational Assisted Living Facility (ALF) portfolio comprising four facilities with a total of 381 licensed beds, located in the desirable South Florida markets. The facilities offer numerous services including memory care, independent living, skilled nursing and more. They are all fully licensed, and operational, with staff and care systems in place. The facilities are fully compliant with state regulations, ensuring continued operational stability. The portfolio generates a total actual Gross Operating Income (GOI) of $10,007,745 and a Net Operating Income (NOI) of $812,627, with potential for significant future growth.

Property Facts

Price £35,210,251
Price / SF £344.65 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 1.81%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 2
Total Building Size 102,163 SF
Total Land Area 4.43 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1835 Wilson St, Hollywood, FL 33020 Health Care 7,884 SF 1969 £4,620,768
Midtown Manor
2031 Polk St, Hollywood, FL 33020
Health Care 27,270 SF 1972 £9,703,613
Assisted Living Facility in Boynton Beach
1708 NE 4th St, Boynton Beach, FL 33435
Health Care 28,290 SF 1977 -
1189 W River Dr, Margate, FL 33063 Health Care 38,719 SF 1962 -
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  • Listing ID: 33477684

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 381+ Bed Assisted Living Facility, Hollywood, FL

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