32 PLUS-MINUS BEDS ALF Near Sebastian, Indian River County
Asking Price: | $3,600,000 |
Gross Revenue: | $905,944 |
Cash Flow: | $454,977 |
FF&E: | $100,000 |
My ALF Consultant proudly presents a 32 PLUS-MINUS bed Assisted living facility near Sebastian, FL in Indian River County.
This active operation has historically maintained an occupancy of over 85%. It is a large building designed specifically for assisted living or other congregate living type setting/business.
The surrounding area has seen significant growth in recent years, with new rooftops contributing to increased demand for senior living beds. This growth is expected to drive higher occupancy and rents. Overall, this mid-sized facility presents a promising opportunity for investors and owner-operators.
Purchase Price includes Real Estate, Established Business, and FF&E
An actual number of beds, property info, address, financials, proformas, photos, and other relevant information are to be disclosed after the NDA is signed.
Prior to closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, 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. Provided in this ad, is a 2023 income using add-backs, buyer(s) to independently verify any pro forma figures and add-back validity with their financials advisor/CPA.