ID#009361    Approximate Beds/Units:  40/27    Location:  Ocala

Another firm is pleased to introduce a well-established 40-bed assisted living facility located in the North Central FL market – medical district. This facility features 27 bedrooms across buildings, totaling over 13,000 gross square feet, situated on a spacious lot with ample parking. Its premier location directly across from rehab and hospital ensures seamless access to medical services, a critical advantage for residents and caregivers alike. The facility maintains a strong mix of Medicaid and private-pay residents, offering a stable revenue foundation. Currently operating at 70-75% occupancy, the facility presents a significant opportunity for growth. The current ownership, based out of town, has been largely absentee, leaving room for hands-on management, strategic marketing, and operational improvements to drive increased occupancy and revenue. With the potential for cosmetic enhancements and expansion, new ownership can further maximize the value of this high potential, centrally located, assisted living facility. 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, capacity increase, 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. Buyer(s) to independently verify all financials, pro-forma figures, and add-back validity with their financials advisor/CPA.