An associate firm is pleased to introduce a 55 PLUS-MINUS Beds assisted living facility near Escambia and Santa Rosa County, FL. This facility is situated in a central area on large acreage. The building offers a large footprint with over 40 bedrooms and over 25 bathrooms. Of these bedrooms, all are large enough to be used as shared rooms. This combination gives the operator flexibility to accommodate many different residents and pricing. The building has an ideal layout with an interior secure courtyard. This Assisted Living maintains a very high occupancy which helps the owner to have a stable cash flow. The owners have kept rates below the surrounding market and believe there is potential for increases. In addition to raising rents, there are a few potential opportunities to increase revenue. The first option is to create a memory care division in the area designated for memory care. This addition was designed to be a memory care wing but the current owners never utilized it as such. The second potential is to offer daycare services. Daycare services can offer a big increase in revenue with a minimal impact on costs. Residents receiving these services can also be a lead source for future permanent residents of this Assisted Living. There is potential to add 10 more licensed beds (buyer to verify any increases). There is also newer A/C units, new flooring, and other upgrades along with 2 natural gas automatic generators & vaulted ceilings.
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Florida – 55 PLUS-MINUS Beds assisted living facility near Escambia and Santa Rosa County, FL.

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