ID#009213   Approximate Beds/Units:  80/46   Location:  St. Petersburg

Another firm is pleased to introduce a well-established “Turn-Key” 80-bed Assisted Living Facility. This facility has been in operation for many years and has always been profitable. The owner recently installed a brand-new roof and added cosmetic upgrades. The structure takes up a small portion of the 2.32 acres, leaving room for possible future expansion. The ALF includes:

• 46-Units-80-Beds (20% Private Pay – 80% Medicaid)

• 2-Buildings/2-Stories/22,083SF

• 2.32-Acres • Built: 1969

• Zoning RM-15 Current Financial Information:

• Occupancy: 96% • Gross Revenue: $2,395,600 (2024 annualized)

• NOI: $930,200 (2024 annualized)