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%.
7,768 Sq Ft
0.29 Private Acres Exterior Space
Commercial
$14,786 Annual Tax
Built in 1977
MLS/Listing ID A11704611
Listing Courtesy of RE/MAX 5 STAR REALTY, JOHN DEMARCO - 954-453-1000
Source of Data: MIAMI ASSOCIATION OF REALTORS