My ALF Consultant and KW Commercial proudly present this 31 +/- bed established ALF for sale.
This facility is a approximately 31-bed facility located centrally in a high end beach community on the East Coast of FL. The building spans 9,758 square feet with a total building area of 13,744 square feet, including 16 bedrooms and 15 bathrooms. It features a U-shaped layout with centrally situated common areas and dining. The facility historically maintained a high occupancy rate. According to a recent appraisal, the facility has a valuation of $4,400,000.
This facility fits the mold of a Residential Assisted Living Facility. Residential Assisted Living (RAL) facilities are smaller, more intimate care environments designed for residents who require assistance with daily activities. These facilities typically accommodate between 10 and 35 residents, creating a more personal and homelike atmosphere compared to larger senior living communities. The smaller resident capacity allows for a higher level of individualized care and attention from the staff, making it easier for caregivers to meet each resident’s unique needs.
The owners have completed many improvement’s to the property including, new flooring, new hot and cold water lines, air conditioners, and much more.
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.
