ID#009365    Approximate Beds/Units:  36   Location:  Deland

Another firm is pleased to introduce a 13,145 SF Assisted Living property at a 14.45% Cap Rate in Deland, FL. The property is concrete block construction with a new pitched shingle roof installed in 2022. Consisting of 2 one-story buildings with a total of approximately 13,145 gross square feet, the offering has a new parking lot installed in 2022 and is situated on 2.15 acres. The unit mix is 36 efficiency units (these efficiencies do not currently have kitchens) The property includes a laundry room (2 washers and 2 dryers) and an on-site office. The utilities: electric, water, sewer, and trash are common and paid for by the landlord. The units feature window air conditioning and concrete flooring throughout the property. The property is operated as a non-transient apartment and is located within an Opportunity Zone.