Address Not Shown
Plantation, FL 33324
#A11704611
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%.
Property Details
- Property SubtypeIncome/MultiFamily
- CountyBroward County
- MLS #A11704611
- MLS #A11704611
- Property TypePurchase
- Cost4200000
- Year Built1977
- Senior Community1
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: John DeMarco (#3134747)
Listing Office: RE/MAX 5 Star Realty (#DBRG01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
