This is a great opportunity to purchase a long-standing successful assisted living facility in Sarasota, FL.
Well-established state-licensed Assisted Living Facility licensed for 11+/- beds on a large .84-acre lot with plenty of room for expansion. This location has been an active facility for approximately 20 years. The building offers 8 bedrooms and 8 bathrooms with approximately 2700 square feet and a large screened patio. The property has a large parking lot, a beautiful backyard, and a nice layout.
This facility has a great reputation and stays full. This is a rare find with a very good existing business and the ability to add beds. The City of Sarasota has told the owner that there is no limit to the number of beds that are allowed under the current zoning. We have included a conceptual design to add 8 large private bedroom suites to the building. (This will need to be verified with the local and state authorities)
The financial information provided within this listing is proforma projections based on the current Year to Date income and expenses.
- Status: SoldPrice: $895,000Licensed Beds: 11 +/-Individual Bedrooms: 8Bathrooms: 8Cap. Rate: 0Agent Name: Kalei StockstillPhone: 3215914113
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KW Commercial - Parks Commercial Group, LLC - Orlando
11 S. Bumby Ave, Orlando, Fl 32803