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ALF 15+/- beds on 2.13 acres in NE Florida.

Florida

Seller Financing Available

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Asking Price:$690,000
Established Year:2010
Listing ID: 2190644Listing provided by BizBuySell
ASSET SALES DESCRIPTION

Principals Only!
The ALF property is located in North East Florida and is part of the "1st Coast Region".
This ALF is licensed for 15+/- beds and sits on a 2.13-acre parcel. The ALF has been around for several years, and a good portion was built by the owners. Due to the passing of one spouse, the remaining spouse only kept a few residents, so to earn enough revenue to take care of her personal needs. Therefore, there are no financial records of any kind to substantiate past fiscal activities. The asking price and the sale include “ONLY” the real properties (land, buildings & FF&E). No financials are available, although the owner currently provides care for a handful of residents. The seller may hold a 1st mortgage on the property with a 35%-40% downpayment, for a qualified buyer with direct industry experience.

DETAILED INFORMATION
Location
Florida
Facilities
The ALF property's asking price is $690,000. and sits on 2.13 acres. The buildings are in good condition, the 2-story section may need some upgrades and the grounds are well maintained. Located in a nice suburban community edging a vast rural area. Perfect place for a retirement home and/or a group home serving seniors and/or people with disabilities. The sale includes the real estate only, no business/goodwill is included in the sale. Contact the broker for more information.
Financing
For a qualified buyer the seller may entertain holding a 1st mortgage with a substant
Support & Training
Support and training may be limited, but up to discussions with seller when an offer is presented.
Reason for Selling
Retiring & personal reasons.
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Sam Buran
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