ID#009206   Approximate Beds/Units:  50    Location:

Another firm is pleased to introduce 4,300 sq. ft. of usable space with 50+ beds in a licensed Assisted Living and Extended Congregate Care Facility, which allows the ALF to assist a higher acuity level, dramatically decreasing discharges. The campus has been well-maintained. The kitchen updates are to be completed before closing. The tenured staff agree to transition with the property because they are attached to each resident. New owners have tremendous upside with the current structure and expansion options to maximize capacity. This property is situated across the street from a well-respected hospital. There is no significant deferred maintenance. The acquisition includes a like-new generator to power the facility.

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Palatka $5,995,000 ID#009206

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