4200 NE 19th Ave - 10 bed Assisted Living ALF
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4200 NE 19th Ave - 10 bed Assisted Living ALF
2,163 SF Health Care Building Offered at £1,173,675 at a 1.86% Net Initial Yield in Pompano Beach, FL 33064
Investment Highlights
- Minutes from Pompano Beach Airport
- 100% Occupancy
- Four miles from Mall, Health, Dental providers and entertainment amenities
- Excellent Investment Opportunity!
Executive Summary
A licensed 10-bed Assisted Living Facility in Pompano Beach, Florida, is fully operational with 100% occupancy and experienced staff in place. The facility generates $265,768 in gross revenue and nets $27,928 offering a prime investment opportunity in a high-demand market. An investor can increase rates to receive a projected income of $480,000 and net $222,656, which would provide a strong 14.84% capitalization rate. All showings are by appointment only!
Financial Summary (Pro forma - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
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| Other Income |
-
|
-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
£164,784
|
£76.18
|
Financial Summary (Pro forma - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | £164,784 |
| Annual Per SF | £76.18 |
Property Facts
Amenities
- Wheelchair Accessible
About 4200 NE 19th Ave , Pompano Beach, FL 33064
A licensed 10-bed Assisted Living Facility in Pompano Beach, Florida, is fully operational with 100% occupancy and experienced staff in place. The facility generates $265,768 in gross revenue and nets $69,180, offering a prime investment opportunity in a high-demand market. All showings are by appointment only!
Room Mix Information
| Description | No. Beds |
|---|---|
| Private Room | 4 |
| Shared Room | 2 |
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Walk Score ®
Very Walkable (79)
zoning
| Zoning Code | Assisted Living (Licensed and Zoned for ALF and Multifamily) |
| Assisted Living (Licensed and Zoned for ALF and Multifamily) |
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Presented by
RE/MAX 5 Star Realty
4200 NE 19th Ave - 10 bed Assisted Living ALF
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