Assisted Living Facility Portfolio – 25 Beds in Plantation, FL – Generating $149K NOI

Category: Special Purpose

Price:$4,200,000

Location: Plantation, FL

Year Built: 1977

Days on Market: 18

Description:

Fully licensed and operational Assisted Living Facility (ALF) portfolio comprising three facilities with a total of 25 licensed beds, located in the desirable South Florida markets of Pompano Beach, Plantation and Coral Springs. The portfolio generates a total actual Gross Operating Income (GOI) of $864,769 and a Net Operating Income (NOI) of $149,061, with potential for significant future growth.With the potential to adjust bed rates, investors could achieve a projected GOI of $1,324,800 and an NOI of $548,761.41, offering an impressive projected CAP rate of 13.1%.

Licensed ALF portfolio with 25 beds in South Florida, generating $149K actual NOI, projected $548k NOI for a projected 13% CAP Rate.

Listing Code: 1097288836