Senior Housing and Assisted Living Facilities for Sale in Florida

ID#009320    Approximate Beds/Units:  87    Location:  Tampa

Another firm is pleased to introduce a unique gem within an Opportunity Zone. The value is in the land but current structures (2 buildings) can be utilized depending on final use.​ The facility is currently rezoned to Commercial Health to accommodate for an 87-bed ALF (Assisted Living Facility). The listing price includes 414 and 418 E Emily St which is included in the sale.​ There is lots of potential and opportunity here.

ID#009319    Approximate Beds/Units:  85   Location:  Daytona Beach

Another firm is pleased to introduce an Assisted Living Facility, licensed for 85 beds, currently operating as a Limited Memory Care facility. The property is located in Daytona Beach. The building was constructed in 1946 and needs upgrades/repairs, including a new roof and cosmetics. The new owner may want to consider an expansion or complete redevelopment of the facility. Permitted uses include Nursing Homes (Special Use Permit: CODB Land Development Code Section 3.4.G) and Adult Day Care. The owners do not have the time or resources to take this facility to another level and wish to sell, or partner, with an experienced ALF operator. This offering includes: · 2-Story/16,731 SF Structure · Year Built: 1946 · .8063-acres · 85 Licensed ALF Beds Investment Highlights 85-Bed Assisted Living Facility Significant Upside Development Opportunity: ALF-Nursing Home Development Opportunity

ID#009318   Approximated Beds/Units:  60    Location:  Central Florida

Another firm is pleased to introduce this 60-bed Assisted Living in Central Florida MSA. If you are looking to get into the Assisted Living business or expand your operations, this is a great property for you. This facility specializes in lower-income and Medicaid residents and has maintained a very high occupancy rate over many years. There is tremendous demand for affordable senior living housing. Servicing this population has provided this ALF with the stability of occupancy and revenue. In addition, given the capacity and revenue, the business affords multiple levels of management. This offers a moderately passive investment and allows operators to focus on the big picture of their business, not on working in the day-to-day operations of the business. The property offers 21,000+/- SF under air with 30 PLUS rooms and bathrooms including common bathrooms, large dining areas, an activity room, a salon, a commercial kitchen, staff break rooms, offices, and a nurses station. This ALF also provides ample common spaces and outdoor areas for the residents to enjoy. The property sits on a large acreage that offers ample parking and green space. The Commercial Zoning allows for more beds to be added at this location which would maximize the full potential of this business. This ALF can also be purchased with a sister community which is licensed for 55 Beds and within a 1-hour drive. The package of both facilities would offer a total of 115 Beds. The real estate and business are included in the asking price. An actual number of beds, property info, address, financials, proformas, photos, and other relevant information are to be disclosed after the NDA is signed. Prior to closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, number of licensed beds, FF&E valuation, and all other factors pertaining to using these parcel(s) and building(s) for the buyer’s intended use.

ID# 009317    Approximated Beds/Units: 34+21 = 55  Location:  Bellview

Another firm is pleased to introduce an Assisted Living Portfolio with 2 facilities and a total of 55 Beds for sale North of Orlando in Bellview, FL. The facilities are well-run and have been in business for many years. The sale includes 2 facilities under the same name and management. One facility is licensed for 34 Beds and the second is licensed for 21 Beds. The assisted living facilities offer functional layouts and have a large courtyard. These facilities have a good reputation with excellent management in place. The current owner runs the business from out of town which makes this a moderately passive investment. The owner’s responsibilities are to oversee the business’s financials and provide strategic and operational support. Ownership conducts weekly teleconference meetings with the management team which creates open communication and essential oversight. These ALFs maintain a good occupancy rate. The owner has improved the operations by reducing unnecessary costs, increasing revenue, and still providing a high level of service for the residents. The main buildings offer a total of 19,000+/- Square feet on over 1.50 acres with multiple private and semi-private living options. The property has many common areas for residents to enjoy. When you visit this assisted living facility, you can tell it is well run, the residents are happy, and the staff is professional with very low turnover. This ALF can also be purchased with a sister community which is licensed for 60 Beds and within a 1-hour drive. The package of both facilities would offer a total of 115 Beds. Real Estate and business are included in the asking price. Due to the sensitive nature of the business, this is an extremely confidential sale. The staff, residents, and their families are unaware of this property being offered for sale. To proceed further, please contact us back for additional details. Prior to closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, number of licensed beds, proformas, FF&E valuation, and all other factors pertaining to using these parcel(s) and building(s) for the buyer’s intended use. Provided in this ad, is a budget performance based on the 2024 fin

ID#009316    Approximated Beds/Units:  32    Location: Sebastian

Another firm is pleased to introduce a 32 PLUS-MINUS bed Assisted Living Facility near Sebastian, FL in Indian River County. This active operation has historically maintained an occupancy of over 85%. It is a large building designed specifically for assisted living or other congregate living type setting/business. The asking price of the facility is derived from a 2024 appraisal/valuation report. The surrounding area has seen significant growth in recent years, with new rooftops contributing to increased demand for senior living beds. This growth is expected to drive higher occupancy and rents. Overall, this mid-sized facility presents a promising opportunity for investors and owner-operators. The purchase price includes the real estate, the established business, and FF&E. An actual number of beds, property info, address, financials, proformas, photos, and other relevant information to be disclosed after the NDA is signed. Before closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, number of licensed beds, and all other factors pertaining to using these parcel(s) and building(s) for the buyer’s intended use.

ID#009315   Approximated Beds/Units:  331+    Location:  Multiple Locations in South Florida

Another firm is pleased to present a portfolio of 4 fully licensed and operational Assisted Living Facilities with a total of 331 licensed beds, located in the desirable South Florida markets. The Margate is in the process of adding 50 beds for a total of 381 beds! The facilities offer numerous services including memory care, independent living, skilled nursing, and more. They are all fully licensed, and operational, with staff and care systems in place. The facilities are fully compliant with state regulations, ensuring continued operational stability. The portfolio generates a total Gross Operating Income (GOI) of $10,007,745 and a Net Operating Income (NOI) of $812,627, with potential for significant future growth. Proforma CAP Rate: 8.29%.

ID#009312 Approximated Beds/Units: 32 Location: Hollywood

Another firm is pleased to present a 4,686 SF Health Care Building with 32 beds in Hollywood, FL. With an impressive and attractive 10.56% cap rate, this facility promises solid and consistent returns. It houses more middle-aged long-term residents. Hollywood, known for its beautiful coastal environment, is a highly desirable location for retirees, making this investment an excellent opportunity in the assisted living market.
Property Facts:
Price: $4,250,000 Building Class: C
Price Per Bed: $132,813 Lot Size: 0.25 AC
Sale Type: Investment Building Size: 4,686 SF
Cap Rate: 11.18% No. Beds: 32
Property Type: Health Care No. Stories: 1
Property Subtype: Assisted Living
Year Built: 1953

ID#009311   Approximate Beds/Units:   67    Location:  Crystal River

Another firm is pleased to introduce a 21,575 SF Health Care Building with 67 beds in Crystal River, FL. The offering included business operations, real estate; and a new buyer to obtain a new ACHA license ). The facility is profitable & operating. There is an upside in cash flow by increasing occupancy and rents. Second ALF is also available. Existing cash flow to support an approximate $1.5 mm +/- loan on each property/community. 30-40% vacancy to be filled & rents 30% under market. These could be cash cows once repositioned and with new strong management/operations. Strong market demographics for attracting new residents and achieving the goals. Each property charges itself $10,000/month for which a buyer may support about $1.5 mm + debt service on each. The asking price is $6 mm for the pair ($3 mm each +/-) May negotiate each separately.

Property Facts:

Price:$3,000,000       Lot Size: 2.18 AC

Price Per Bed: $44,776      Building Size: 21,575 SF

Sale Type: Investment       No. Beds: 67

Sale Conditions: High Vacancy      Property No. Stories: 1

Property Type: Health Care        Year Built/Renovated: 1981/2016

Property Subtype: Assisted Living      Tenancy: Single         Building Class: C

ID#009310   Approximated Beds/Units:   59   Location:  Homosassa

Another firm is pleased to introduce a 17,531 SF Health Care Building with 59 beds in Homosassa, FL. The offering included business operations, real estate; and a new buyer to obtain a new ACHA license ). The facility is profitable & operating. There is an upside in cash flow by increasing occupancy and rents. Second ALF is also available. Existing cash flow to support an approximate $1.5 mm +/- loan on each property/community. 30-40% vacancy to be filled & rents 30% under market. These could be cash cows once repositioned and with new strong management/operations. Strong market demographics for attracting new residents and achieving the goals. Each property charges itself $10,000/month for which a buyer may support about $1.5 mm + debt service on each. The asking price is $6 mm for the pair ($3 mm each +/-) May negotiate each separately.

Property Facts for this facility:

Price: $3,000,000        Lot Size: 1.22 AC

Price Per Bed: $50,847       Building Size: 17,531 SF

Sale Type: Investment        No. Beds: 59

Sale Conditions: High Vacancy       Property No. Stories: 1

Property Type: Health Care       Year Built/Renovated: 1975/2017

Property Subtype: Assisted Living         Tenancy: Single

Building Class: B Parking Ratio: 1.43/1,000 SF

ID#009309    Approximate Beds/Units:   75/30    Location:    Orlando

Another firm is pleased to introduce an ALF that features 75 licensed beds and is fully operational, complete with staff and established care services. It includes dining rooms, common areas, outdoor spaces, commercial kitchens, and spacious living units for residents. This is a promising opportunity for an Assisted Living Facility Operator to maximize its potential. Priced attractively and situated in a market with scarce inventory, this presents a compelling investment prospect in the ALF industry.

ID#009308    Approximate Beds/Units:  30/20    Location:  Orlando

Another firm is pleased to introduce a unique purpose-memory care Residential Assisted Living Facility in Central FL. This facility was custom-built in 2016 by industry experts. They designed the community utilizing the best practices in providing optimal care for residents with Alzheimer’s or related disorders. The building is 11,216 sq feet with 20 bedrooms, 24 bathrooms, a commercial kitchen, a large dining area, 3 offices, a covered patio, and a secure outdoor space. In addition, the property offers full sprinkler and fire alarm systems as well as a backup automatic generator for compliance with state regulations. The facility features spacious private suites, each with full bathrooms. All the suites open onto the large common area with very high ceilings. The highlight of the facility is the large backyard with walking trails and a covered patio. With the various common areas and outdoor space, the residents can enjoy all aspects of the facility. The property and business are being offered at $312 per square foot, which is significantly below replacement costs. Real Estate and business are included in the asking price. An actual number of beds, property info, address, financials, proformas, photos, and other relevant information are to be disclosed after an NDA is signed. Before closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, capacity increase, number of licensed beds, proformas, FF&E valuation, and all other factors about using these parcel(s) and building(s) for the buyer’s intended use.

Offering Highlights:

Custom-Built Memory Care Facility

Potential capacity increase approvals for up to 10 additional licensed beds

Open Design Ideal for Memory Care

Amazing Downtown Location

Large Secure Outdoor Space and Covered Patio with a Backup Generator

ID#009307    Approximate Beds/Units:  92    Location:   Orlando

Another firm is pleased to introduce a 46-unit, 92-bed Assisted Living Facility with the potential for a dedicated Memory Care Wing. The seller recently completed a $2,000,000 addition/renovation in 2021 and increased the licensed bed county from 74 to 92. The seller is in the process of leasing up the increased bed count and working towards post-completion stabilization.

ID#009306    Approximate Beds/Units:  50    Location:  Palatka

Another firm is pleased to introduce 14,300 sq. ft. of usable space with 50+ beds licensed for Assisted Living and Extended Congregate Care, which allows the ALF to assist a higher acuity level, dramatically decreasing discharges. The campus has been well-maintained. Kitchen updates are to be completed before closing. The tenured staff agree to transition with the property because they are attached to each resident. There is tremendous upside for new owners with the current structure and expansion options to maximize capacity. This property is situated across the street from a well-respected hospital. There is no significant deferred maintenance. The acquisition includes a like-new generator to power the facility.

ID#009301    Approximate Beds/Units:  65/55    Location:  Pensacola

Another firm is pleased to introduce an ACLF that was originally licensed for 65 beds and is currently licensed for 54 with 46 current residents.  This facility is licensed as ACLF and Limited Mental Care. There is great upside here. Rents are below market and there are vacancies. Approximately half the land is vacant meaning there’s room to expand. There is plenty of room for walks, a gazebo in the shade of large oaks, and an outdoor putting green for the golfers! There are no commercial uses nearby. It is very quiet! There is a fully equipped commercial kitchen. The building has a fairly new metal roof, A/Cs aren’t that old, and there are 2 gas-powered generators. The entire bldg is sprinkled (fire). NOI $446,510 / CAP Rate 12%!

ID#009218     Approximate Beds/Units:   31    Location:   Miami Beach

Another firm is pleased to introduce an amazing opportunity to run a profitable 6,621 SF Assisted Living Facility with the business in place. There are 31 beds (19 brand new – built in 2024). A contract with a “renowned Hospital” may be available or high-end use in the Miami Beach area. The property sits on a double corner lot with great exposure.

ID#009215    Approximate Beds/Units:  50    Location:  Clearwater

Another firm is pleased to introduce a turn key, licensed, 50-bed Assisted Living Facility in Pinellas County, FL. This is a perfect opportunity for an experienced operator wanting to expand their portfolio or someone who wants to enter the ALF arena. The building has been upgraded and refurbished since the current owner acquired the property. The sprinkler system was updated in 2020. The on-site generators are automatic and self-testing. The facility features an activity Room/activity area, a beautiful garden and fountain, porch and courtyard seating, a dining area, a living room, a visitor’s area, a kitchen with a meal preparation area, fire sprinklers, and security alert systems, in-room and common bathrooms, telephone and internet connection/WiFi, and parking for independent care residents. There is easy ingress/egress. The facility is fully staffed.

ID#009214    Approximate Beds/Units:   22/15    Location:  St. Petersburg

Another firm is pleased to introduce a 22-bed assisted living facility in the heart of St Petersburg, Florida. This 4,378 sq ft facility consists of 15 rooms and 16 bathrooms with a full commercial-grade kitchen and common areas which are ADA compliant. The building is equipped with Solar Panels significantly reducing costs. The current owner has been doing renovations and has more updates planned. Easily rent each bed for $3,000+ and take advantage of the appreciation coming to the area with the tremendous amount of development taking place in the area.

ID#009213   Approximate Beds/Units:  80/46   Location:  St. Petersburg

Another firm is pleased to introduce a well-established “Turn-Key” 80-bed Assisted Living Facility. This facility has been in operation for many years and has always been profitable. The owner recently installed a brand-new roof and added cosmetic upgrades. The structure takes up a small portion of the 2.32 acres, leaving room for possible future expansion. The ALF includes:

• 46-Units-80-Beds (20% Private Pay – 80% Medicaid)

• 2-Buildings/2-Stories/22,083SF

• 2.32-Acres • Built: 1969

• Zoning RM-15 Current Financial Information:

• Occupancy: 96% • Gross Revenue: $2,395,600 (2024 annualized)

• NOI: $930,200 (2024 annualized)

ID#009211   Approximated Beds/Units:  29    Location:   Plantation

Another firm is pleased to introduce a 29-bed licensed Assisted Living Facility in Plantation, Florida.​ The physical property consists of +/- 5000 SF,  situated on a large 11,527 SF lot.​ Their smaller size allows them to connect with the guests personally, being more attentive.​ Pride of ownership is evident throughout this beautiful and well-maintained ALF.​ Full management and staff will continue providing a true turn-key investment opportunity.​ The facility has a large open dining room, warm and functional common areas, and spacious units for its residents.​ It is very clean and well-maintained.​ The property has a new full backup generator installed.​ This facility is priced to sell at only $93,100 per bed and is currently 92% occupied.​ In 2023 the facility grossed $ $838,553 per year, and net $219,732.​ This net income provides an investor with a strong 8.14% capitalization rate.​

ID#009199    Beds/Units:   29    Location:  Palm Springs

Another firm is pleased to introduce a 10,880 SF Assisted Living Facility with 29 beds in Palm Springs.

Property Facts:

Lot Size: 1.98 AC   Price Per Bed: $198,276   Sale Type: Investment    No. Beds: 29    Property Type: Health Care    No. Stories: 1 Property Subtype: Assisted Living     Year Built: 1988     Building Class: B     Parking Ratio: 3.31/1,000 SF

ID#209210    Approximate Beds/Units:   40    Location:  NW Florida

Another firm is pleased to introduce an opportunity to own a turnkey Assisted Living Facility with real estate in NW Florida. The ALF is a ± 40-bed assisted living facility with a history of stable financial performance. There is lots of room for expansion. The owner is retiring.

ID#009207   Approximated Beds/Units:   21    Location:  Hollywood, FL

Another firm is pleased to introduce a 4,152 SF Health Care Building with 21 beds offered at an 8% Cap Rate in Hollywood, FL. The Facility is a fully licensed and operational Assisted Living Facility. The full staff will remain post-closing. There is an 8% actual cap rate at 90% occupancy. The business and real property are included. It was built in 1955 and renovated in 2023.

ID#009205   Approximate Beds/Units:  30   Location:    Miami Beach

Another firm is pleased to introduce a master-leased ALF  in a quiet residential community within walking distance of the ocean in Miami Beach. This corner lot, a free-standing property, is zoned for multifamily with an Assisted Living Facility tenant (NNN) in place with 3+ years remaining on the lease. This 5,892 SQ FT property, secured with a wrought iron fence and gate, consists of 30 licensed beds, 14 bathrooms, a kitchen, a dining area, and multiple outdoor seating areas, including a covered patio. It is only two blocks from beach access.

ID#009202    Approximated Beds/Units: 109   Location:   Ft. Myers

Another firm is pleased to introduce the offering of an Independent Living Facility in Fort Myers, Florida. The building is approximately 58,061± square feet and sits on 4.29± acres of land. Since September 2023, it has operated exclusively as an independent living community. Originally constructed in 2015 and opened for occupancy in 2016, the facility was designed as an Assisted Living and Memory Care community. It comprises 109 units offering a variety of layouts, including studios, deluxe studios, and one-bedroom apartments. Some units accommodate dual occupancy, with an additional resident fee of $1,000 on top of the standard $1,500 Entry Fee, providing an additional revenue stream for investors. The monthly rental rates for the apartments range from $2,095 to $2,595 for independent living, depending on size and features, offering residents flexibility to choose the most suitable option for their needs and budget. This investment presents an opportunity for high yields in a prime retirement state that has experienced significant growth over the past decade. There is also potential for increased rental revenue by transitioning the community back to Assisted Living and Memory Care. Although the transition process may take up to 2 years, it offers substantial upside potential. The property features a square U-shaped layout, with resident rooms lining both sides of double-loaded corridors. Each room includes a bathroom with a sink, toilet, walk-in shower, and closet. Upon entry, residents are greeted by a beautifully decorated common area comprising a welcoming lobby, reception space, theater, activity room, spiritual room, offices, conference room, communal dining area, and fully equipped commercial kitchen. The northwest wing houses laundry and mechanical rooms alongside an additional activity room. The community also offers a full-service beauty salon and barbershop, where a stylist rents space and charges for services. Residents can use amenities such as the computer room, TV room, party space, and garden and patio area. Investment Highlights: This 109-unit independent living community offers studios, deluxe studios, and one-bedroom apartments. The units include a walk-in shower, motion sensor lighting, individual air conditioning units, state-of-the-art fire alarms, and much more, along with free WI-FI, electricity, housekeeping, and laundry services, and transportation for local shopping. There are Independent/Assisted Living/Memory Care Units. The facility provides socialization programs and scheduled transportation services. It is located near the edge of a residential neighborhood.

ID# 009201    Beds/Units:   68/45    Location: Ormond Beach

Another firm is pleased to introduce a former assisted living facility with 45 patient rooms,  formally licensed for 68 beds and operating as recently as August 2023. The property includes two parcels with a total lot size of 55,250 SF or just over 1 ¼ acres. The building is 27,940 SF across 4 stories. It has ocean views from every eastern-facing window on floors 2, 3, and 4. There is an elevator that serves all four levels and two sets of exit stairs. The property includes a fully equipped commercial kitchen with a walk-in freezer. The building is fully fire-sprinklered. There is also an oversized whole-building Kholer generator, approximately 18 months old. The property has 28 parking spaces. Zoning is B-1 Professional Office/Hospital Zoning District. The ground floor includes a lobby/reception area, 3 offices, 4 individual restrooms, a commercial kitchen, and ample common spaces. Floors 2-4 have identical floor plans with space for the nurses’ station opposite the elevator plus other staff areas, 15 rooms per floor, all with en suite baths, 9 of which are eastern facing with ocean views. There is an unused second elevator shaft in the building. The north side of the property features a large walled garden, ideal for a pool. This is priced below the replacement cost.

ID#090196   Approximate Beds/Units:  100+    Location:   Hollywood

Another firm is pleased to introduce an Assisted Living Facility offered at a 6.81% cap rate. The facility boasts 100 beds and presents a promising investment opportunity in a market with scarce inventory. With a total building size of 27,270 square feet, this property offers ample space for residents’ comfort and convenience. The sale includes not only the real estate but also the business, business-related licenses, and inventory. The full staff will remain in place after the closing, ensuring a smooth transition for the new owners.

ID#009192   Approximate Beds/Units:  20    Location:  Davie

Another firm is pleased to introduce a 3,474 SF, 20-bed, Assisted Living Facility in Davie, FL offered at a 14.03% Cap Rate. They are excited to present a highly lucrative acquisition opportunity for investors interested in the healthcare and senior living industry. This premier assisted living facility, located in the heart of Davie, Florida, offers a turnkey solution for those seeking to expand their portfolio in a rapidly growing market. The facility is fully licensed and complies with all state and federal regulations, ensuring that the acquisition process is seamless and hassle-free. The acquisition of this 20-bed assisted living facility in Davie, Florida, presents an exceptional investment opportunity with promising returns. Investing in modernization and upgrades can enhance the facility’s overall appeal and create a more comfortable and aesthetically pleasing environment for residents.

ID#009186   Approximate Beds/Units:  28     Location:   Daytona Beach

Another firm is pleased to introduce a former 28-Bed Assisted Living Facility plus a Single Family House with an additional lot for parking! The property consists of 3 parcels, featuring a former 28-bed, 14-room assisted living facility. The main building, spanning 8,300 square feet, provides a solid foundation for a variety of potential uses. Situated on a spacious 7,500-square-foot lot, the property offers ample outdoor space that can be transformed to suit your specific needs. In addition to the assisted living facility, this property includes a ranch-style 3-bed, 1.5-bath single-family house. This residence adds a residential dimension to the property, offering versatility and the potential for a live-in caretaker or additional on-site management. The single-family house complements the overall character of the property and provides a comfortable living space. There is also an additional lot of 10,450 square feet. The extra space opens the door to future development opportunities, allowing for the creation of new structures or amenities to enhance the property’s overall value. Alternatively, the additional lot can be utilized for parking, addressing any potential parking needs and enhancing accessibility for residents, visitors, or future tenants. Strategically located in Daytona Beach, this property enjoys the benefits of a vibrant community and convenient access to local amenities. Whether you’re considering reviving the assisted living facility, converting the space for a new purpose, or exploring future development opportunities, this property provides a canvas for your vision. Don’t miss the chance to explore the potential of this unique property that combines a former assisted living facility, a single-family house, and an additional lot for future development or parking. Unlock the possibilities and make this Daytona Beach property your next investment or project.

ID#0090168   Approximate Beds/Units:  40    Location:   Hollywood

Another firm is pleased to introduce a 10,530 SF Assisted Living Facility near Hollywood, Florida. This facility boasts 40 beds and presents a promising investment opportunity in a market with scarce inventory. With a total building size of 10,530 square feet and a generous lot size of 24,385 square feet, this property offers ample space for residents’ comfort and convenience. The sale includes the real estate, the business, business-related licenses, and inventory. The full staff will remain in place after the closing, ensuring a smooth transition for the new owners.

ID#0090171   Approximate Beds/Units:  43     Location:  Lake Worth

Another firm is pleased to introduce this listing for 2 buildings for Assisted Living/Memory Care with a total of 43 beds. The buildings are very close to one another and easy to operate with only one administrator for both buildings. The owner is a real estate developer and does not manage the daily operation of the ALF. He has a full-time manager and staff that run the facility. Building 1: The first building has been in operation since 2014, and is fully licensed operating 85% occupancy with staff and admin. It has a strong reputation within the community and has established itself as a reliable assisted living/memory care facility. The building is well-maintained and has undergone renovations in 2020-2021. Building 2: This is a newly constructed turnkey building that is currently in the licensing process. The interior of the building features a modern design with an upscale and luxurious feel. It is fully furnished and ready to operate once the licensing is complete. The owner can use the same team to operate this one as well and get this building filled up and unlock its full potential. The current NOI on open building is $350K, pro forma $400K NOI. Both building pro forma NOI $880K. There is Conventional bank and seller financing available. Local municipality laws do not allow for additional facilities of this size category to be built indicating limited competition. There are fire sprinklers, a fire alarm, a generator, an underground propane gas tank, and a commercial kitchen. The property is well-maintained and has a beautifully decorated yard and interior. The occupied building was renovated in 2020 and in 2021 the new building fully was furnished and ready to go.

ID#090178   Approximate Beds/Units:  120+     Location:  Miami

Another firm is pleased to present a 120+ bed licensed Assisted Living Facility located in Miami. The physical property consists of 34,232 SF of useable space with a total of 120+ licensed Assisted Living beds. The property has been fully renovated and is in excellent condition. There is no major deferred maintenance. There are two brand new 100kw generators that power the entire facility, all new impact windows and doors, new kitchen equipment, and a new walk-in freezer. The facility is 74.6% occupied. The pro forma NOI: is $1,574,440 and the pro forma CAP Rate: is 10.67%.

ID#0090177   Approximate Beds/Units:  110     Location:   Hollywood

Another firm is pleased to introduce a 28,798 SF Assisted Living Facility with 110 beds offered at $12,900,000 at an 8.68% Cap Rate in Hollywood, FL. This is a turn-key fully licensed ALF in the South Broward area. Real property & business are included in the price. There is over $1mil net income.

ID#0090175   Approximate Beds/Units: 135     Location:  Sanford

Another firm is pleased to introduce a 38,481 SF Health Care Building with 135 beds offered at $10,900,000 at a 10.20% Cap Rate in Sanford, FL. The facility is fully licensed and operational. The staff will remain after closing. The sale includes real estate, business, and license.

ID#0090165   Approximate Beds/Units:  35     Location:  Ft. Lauderdale

Another firm is pleased to introduce a 5,477 SF Assisted Living Facility with 35 beds at an 11.69% Cap Rate in Fort Lauderdale. This facility is 100% occupied with a waitlist. The physical property consists of two buildings with a total of 5,507 SF and is well situated on a large 15,565 SF lot. The property has 16 rooms with a total of 35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents and a waiting list. The experienced staff will remain after closing. The facility is scheduled to generate over $1.2mil in gross revenue in 2022 and net $526,193 a year. This income provides a strong 11.7% capitalization rate at a full asking price. This is an excellent investment opportunity in a market with very limited inventory.