Catylist ID:
#30672060
Profitable 6 Bed ALF in Venice For Sale
Undisclosed Address, Florida
Business Opportunity
for Sale
| Catylist Listing ID: | 30672060 |
| Property Subtypes: | Health and Medical |
| Building Size (RSF): | 3,440 SF |
| Sale Price: | $613,000 |
| In Opportunity Zone? | Yes |
| Name of Establishment: | Confidential |
| Gross Revenue: | $157,200 (Annual) |
| Cash Flow: | $95,274 (Annual) |
| Living Accomodations: | Yes |
| Sale Terms: | Cash to Seller |
| Last Updated: | 4/2/2021 |
Overview / Comments
|
2021 Real Estate Appraisal = $375,000. Business NOI +/- $95,275. Huge upside when you fill the 6th bed. Opportunity Knocks - this ALF is licensed for 6 beds, 5 are filled with very attractive rates. Being on almost 1/2 acre, you may be able to expand. Excellent Floor Plan includes a sunroom, separate living room, large kitchen, outdoor patio and private quarters for the for the live-in care taker. The patio outside is a delightful spot for sunshine, fresh air and relaxing. The Seller is very familiar with AHCA requirements and will help make your transition uncomplicated. They are also willing to provide 30 days training. Answers to Frequently Asked Questions and Floor Plan Available with CA Call for a Confidentiality Agreement - address in listing is incorrect because of confidentiality. |
Additional Details
| Industry Segment: | Long-Term Care Facilities |
| Reason for Selling: | Retirement |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Value of Real Estate Included ($): | $375,000 |
| Mgmt/Training Support Description: | Management will train. Time is Negotiable |
| Growth/Expansion Opportunities: | Yes |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 6,688 | 16,183 |
| Median Age: | 51.31 | 44.56 |
| Households: | 2,735 | 6,282 |
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