ID#009372   Approximate Beds/Units:  205    Location:  Pompano Beach

Another firm is pleased to present a 205-Beds licensed Assisted Living Facility located in desirable Broward County, Florida. This facility encompasses over 61,000 square feet on nearly 3 acres of land. Currently, the property is professionally managed with an experienced staff expected to remain in place post-closing. The facility generates $5.3M in gross income with a net operating income of approximately $1.34M, reflecting a current CAP rate of 6%. With modest increases to bed rates and occupancy, the property has the potential to yield a projected $8.2M in gross income and $4.24M in NOI—delivering a compelling pro forma CAP rate of 18%.