ID#009339ย ย Approximated Beds/Units:ย 125/98ย ย Location:ย East Coast of Florida
Another firm is pleased to present an Assisted Living Facility on the East Coast of Florida with 98 units/125 beds. The facility offered is licensed under the State of Florida and recognized as specializing in specific care for seniors and older adults with particular needs. This sale includes real estate, the business, required licenses. The business has been in continuous service for over 20 years and is recognized in the local community as a valuable resource. The rates are being re-evaluated and increased.ย Currently operating at 90% occupancy at a 6.1% Cap Rate, this facility offers significant potential for increased profitability and optimizing revenues. There is a highly trained staff and Executive Administrator with years of steady employment at the property! Finally, it must be said this property is in beautiful condition, colorful and inviting, and presents a home-like and warm environment for residents and staff.