ID#009185   Approximate Beds/Units:   34    Location:  Fort Lauderdale

Another firm is pleased to introduce an Assisted Living Facility that is licensed for 34 beds. The management team has been operating the Assisted Living Facility since 2001, employee staff is experienced and compassionate. This ALF is ranked by Caring.com to be among the Top 10 in Fort Lauderdale. A HUD Appraisal was completed in December 2022 and appraised the business/real estate at $5.4 million. The business has consistently increased revenue by 10% year over year, this includes the pre and post-Covid period. The management team expertly selects resident admissions to maximize revenue and consistently manages the facility to capacity. The management team will support the transition. No financing contingencies at closing. The community is comprised of four buildings connected by a central courtyard, as well as exterior breezeways. Collectively, the buildings were built in 1963 and contain 6,139± square feet of gross building area, with a total land area of 16,675 SQ-FT (~.38 acres). The property and building(s) have been well maintained with regular capital investment. There are 9 parking spaces, including one space designated for handicapped use. and was recently remodeled. (Home Based)

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Fort Lauderdale $5.7M ID#009185

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