27+/- Bed Assisted Living South Alabama

Escambia County, AL
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Asking Price:$2,300,000
FF&E:$10,000
Gross Revenue:$784,461
Real Estate:$2,100,000
BUSINESS DESCRIPTION

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


DETAILED INFORMATION
Location
Escambia County, AL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
18,800
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
There are only a few Senior Living options in the city. This facility compares favorably in both pricing, room options, amenities and appearance.
Growth & Expansion
Look to utilize some of the private rooms as shared living. Research the opportunity to add independent living on the same lot.
Support & Training
Yes. The owner will provide training and support after the sale. There is a manager in place.
Reason for Selling
Partner disagreement
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Sunny
Gandhi
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Sunny Gandhi