6 beds Assisted Living Facility for Sale in Wellington

Inventory

Not Included in asking price

Real Estate

Owned

Building SF

10,332

Facilities

Property for Assisted Living Facility in Wellington Corner lot with no HOA, 3 beds, 2.5 baths, private pool, open floor plan, and split-bedroom layout. Features stainless steel kitchen, new AC, tankless water heater, hurricane shutters, and a fenced backyard with screened patio. Ample parking for caregivers/visitors. Prime location near schools, shopping, dining, and highways. Schedule your tour today!

Competition

Florida's assisted living market is growing as 21.3% of residents are 65+. Occupancy rates rose in 2023, with continued growth expected through 2024. Costs average $3,500/month, ranging from $2,300 in Gainesville to $5,300 in Naples. Rising insurance premiums (up 125% in 5 years) challenge operators, leading to some closures. Despite this, 63% of investors plan to expand senior housing by 2024, focusing on assisted living, highlighting strong demand and opportunity in Florida's market.

Growth & Expansion

Pros: Demand: Aging population ensures need. Revenue: Steady resident fees. Specialization: Attracts niche clients. Impact: Enhances seniors’ lives. Investment: Strong funding potential. Tech: Boosts efficiency and care. Cons: Costs: High staffing, licensing, upkeep. Regulations: Strict compliance. Labor: Staffing shortages. Competition: Crowded market. Affordability: Costly for families. Insurance: Rising premiums. Reputation: Poor care hurts business. Summary: Growth offers opportunity but demands cost, compliance, and competition control.

Support & Training

The owner is willing to train for up to 2 weeks, so the buyer can have the opportunity to learn and get familiar with the operation of the business. They will also have an opportunity during the contingency period to go through all paperwork etc.

Reason for Selling

Seller is retiring and desire to sell to someone with desire to continue operati