27+/- Bed Assisted Living South Alabama
Asking Price: | $2,300,000 |
FF&E: | $10,000 |
Gross Revenue: | $784,461 |
Real Estate: | $2,100,000 |
KW Commercial and My ALF Consultant are pleased to exclusively offer this well established and stabilized 25 +/- bed assisted living for sale in Southern Alabama.
The building is custom built for the use of assisted living and offers the residents a very well planned layout and amenities. The ALF for Sale Alabama has a very well trained manager in place that handles most of the daily administrative activities.
The facility was purchased recently and the new owner increased the occupancy and made many improvements. Recently appraised at $2,800,000, yet offered at a price well below replacement cost. Situated on 5 acres, the property also offers a unique growth opportunity with the feasibility of adding 15 independent living units, addressing strong demand from community residents seeking a transitional living option.
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