1708 NE 4th St - Assisted Living Facility in Boynton Beach
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1708 NE 4th St - Assisted Living Facility in Boynton Beach
28,290 SF Health Care Building Offered at $10,582,677 at a 3.44% Cap Rate in Boynton Beach, FL 33435
INVESTMENT HIGHLIGHTS
- 112 Bed Assisted Living Facility
- 10.1% Proforma CAP Rate
- 88% Occupancy
- Excellent Investment Opportunity
EXECUTIVE SUMMARY
A 112 bed licensed Assisted Living Facility located in South Florida. The property spans 28,290 square feet and is situated on a 1.62 acre lot. The facility is fully
licensed, operational, and currently maintains an occupancy rate of 88%. The experienced staff is expected to remain in place after the sale, ensuring a seamless transition for the new owner. Please respect the existing business by refraining from disturbing staff or residents.
licensed, operational, and currently maintains an occupancy rate of 88%. The experienced staff is expected to remain in place after the sale, ensuring a seamless transition for the new owner. Please respect the existing business by refraining from disturbing staff or residents.
PROPERTY FACTS
| Price | $10,582,677 | Building Class | C |
| Price Per Bed | $94,488 | Lot Size | 1.62 AC |
| Sale Type | Investment | Building Size | 28,290 SF |
| Cap Rate | 3.44% | No. Beds | 112 |
| Sale Condition | Bulk/Portfolio Sale | No. Stories | 1 |
| Property Type | Health Care | Year Built | 1977 |
| Property Subtype | Skilled Nursing Facility | Parking Ratio | 0.88/1,000 SF |
| Price | $10,582,677 |
| Price Per Bed | $94,488 |
| Sale Type | Investment |
| Cap Rate | 3.44% |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Health Care |
| Property Subtype | Skilled Nursing Facility |
| Building Class | C |
| Lot Size | 1.62 AC |
| Building Size | 28,290 SF |
| No. Beds | 112 |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 0.88/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 08-43-45-15-03-000-0191 | Improvements Assessment | $1,964,034 |
| Land Assessment | $810,000 | Total Assessment | $2,774,034 |
PROPERTY TAXES
Parcel Number
08-43-45-15-03-000-0191
Land Assessment
$810,000
Improvements Assessment
$1,964,034
Total Assessment
$2,774,034
ZONING
| Zoning Code | R3, Boynton Beach (Residential) |
| R3, Boynton Beach (Residential) |
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1708 NE 4th St - Assisted Living Facility in Boynton Beach
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