This is an amazing opportunity to purchase an existing value add assisted living facility, in an excellent location with major growth potential. The facility is licensed for 11 +/- beds and in business for over 27 years. The owners are ready to retire and pass their legacy to the next buyer.
The facility is adjacent to a 3 bed/2 bath single-family home, which is under the same ownership as ALF and is also offered for sale separately. The ALF can possibly be expanded to host additional residents by combining the buildings and adding more common space. The buyer can either purchase the ALF alone or the ALF and the single-family home together. If the buyer chooses to purchase both the properties for the purpose of combining them, it is the buyer’s responsibility to verify all permits, approvals, regulations, allowed use, a number of beds, and other factors pertaining to using parcels and the buildings for the buyer’s intended use,
- Status: PendingPrice: $695,000Licensed Beds: 11 +/-Building Size (Sq-ft): 4017Individual Bedrooms: 12Bathrooms: 6Cap. Rate: 0Proforma Cap. Rate: 24.26Agent Name: Kalei StockstillAgent Contact Phone: 321-591-4113
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KW Commercial - Parks Commercial Group, LLC - Orlando
11 S. Bumby Ave, Orlando, Fl 32803