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