16 +/- Bed Assisted Living Facility in Southeast Alabama for Sale
Asking Price: | $850,000 |
Gross Revenue: | $435,554 |
Real Estate: | $750,000 |
Cash Flow: | $147,073 |
FF&E: | $50,000 |
Established Year: | 1995 |
KW Commercial and My ALF Consultant are proud to exclusively offer for sale, a 15 +/- Bed Assisted Living Facility in a beautiful setting in Southeast Alabama.
The property consists of 1 building and a total of 6,000 +/- SF, with approximately 15 Private Resident Rooms each with its own private full bathroom. The RALF (Residential Assisted Living Facility) is licensed for up to 15 +/- beds. There is a Front Living Room, Dining Room, Beauty Salon area, Pantry, Chapel, and Staff Break room.
This is a unique opportunity to purchase a Residential Assisted Living Facility in Alabama that has a long history in the community and has room for financial growth. There is round the clock staff onsite that can be managed better to provide more upside to a new owner. These workers are divided among cooks and other caregivers that provide all care needs, cleaning, and cook meals for the residents.
The exterior offers ample parking, a front porch, and relaxation areas throughout for residents to enjoy. This property sits along a major highway with plenty of exposure to the highway. The property is surrounded by beautiful oaks and wooded areas.
The actual number of beds, property details, address, financials, proformas, photos, and other relevant information about this assisted living facility for sale in Alabama will be disclosed after signing the NDA.
Prior to closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, add-backs, proformas (profromas numbers are provided in this ad), market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, number of licensed beds, and all other factors pertaining to using these parcel(s) and building(s) for the buyer’s intended use.
This Property and Business is listed by: KW Commercial – Bienville Realty Group - Keller Williams Spring Hill – 1210 Hillcrest Road, Mobile, AL 36695 – Listing Agent: JC Smith