Long established 58 bed ALF on 1.8 acres in Central-East Florida
| Asking Price: | $3,100,000 |
| EBITDA: | $305,552 |
| Real Estate: | $2,925,000 |
| Gross Revenue: | $990,652 |
| FF&E: | $50,000 |
| Established Year: | 2004 |
Principals only, thanks!
This ALF is licensed for 58 beds on 1.8-/+ acres, located in Central-East Florida and part of the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area. Has Standard and Specialty licenses issued by the State of Florida (AHCA). Centrally located and near large commercial centers easily accessible via interstates. The buildings are all equipped and licensed as per local & state regulations. The ALF project has been around for a couple of decades, at least. The current owner bought it in 2011.
Currently, the subject ALF is only at 57% occupancy, as the owners decided to slow down and concentrate on their private life and health. With savvy, healthy, and energetic ownership, the resident census can be brought up to normal market level, therefore, increasing revenues and profits accordingly. The current rent for the month is around $88,400 for 33 residents.
For more details about this project please contact via email Omni Real Estate and request a confidentiality agreement.
