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621 NW 76th Ave

3,212 SF Health Care Building Offered at £1,173,675 at a 3.25% Net Initial Yield in Plantation, FL 33324

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Investment Highlights

9-Bed Assisted Living Facility
Excellent Investment Opportunity

Projected CAP Rate: 14.85%

Executive Summary

A 9-bed (zoned for 10 beds) licensed Assisted Living Facility located in desirable Plantation, Florida. The physical property consists of a total of 3,212 SF, well situated on a 12,501 SF lot. The facility is fully licensed and operating and has a current occupancy of 56%. Experienced staff will remain after closing.

Property Facts

Price	£1,173,675	Lot Size	0.29 AC
Price Per Bed	£130,408	Building Size	3,212 SF
Sale Type	Investment	No. Beds	9
Net Initial Yield	3.25%	Number of Floors	1
Property Type	Health Care	Year Built/Renovated	1977/2021
Property Subtype	Assisted Living Healthcare Continuing Care Retirement Community Healthcare Skilled Nursing Facility	Parking Ratio	3.11/1,000 SF
Building Class	C

Price	£1,173,675
Price Per Bed	£130,408
Sale Type	Investment
Net Initial Yield	3.25%
Property Type	Health Care
Property Subtype	Assisted Living Healthcare Continuing Care Retirement Community Healthcare Skilled Nursing Facility
Building Class	C
Lot Size	0.29 AC
Building Size	3,212 SF
No. Beds	9
Number of Floors	1
Year Built/Renovated	1977/2021
Parking Ratio	3.11/1,000 SF