ID#009355ย ย Approximated Beds/Units:ย 55ย ย Location:ย Between West Palm Beach and Ft. Pierce
Another firm is pleased to introduce a rare opportunity to own this Prime 55-bed Assisted Living Facility (ALF) located near Fort Pierce, FL. This sale includes real estate, the business, required licenses. 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. Currently operating at 94% occupancy at a 1.8% Cap Rate, this facility offers significant potential for increased profitability and optimizing revenues. A full staff and management are in place! ALFs of this caliber rarely come to the market โ donโt miss out on this highly desirable investment opportunity! The business has been in continuous service for over 20 years and is recognized in the local community as a valuable resource.ย 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. Investment Highlights: Rates are being re-evaluated and increased. There is a highly trained staff and Executive Administrator with years of steady employment at the property. There is also a specialty license for acute care to a specific senior population. The management has kept the building in excellent condition, and the interior is colorful and inviting.