My ALF Consultant and KW Commercial are proud to exclusively present for sale this assisted living facility with approximately 39 beds, located in the Northeast region of Florida.
Situated in a desirable beach town with an affluent demographic, the facility is strategically positioned adjacent to a well-regarded community hospital and surrounded by medical facilities and services. This presents a unique opportunity to acquire a higher-end assisted living and memory care operation with significant upside potential.
Constructed in 1997 specifically as an assisted living facility, the property consists of two buildings, each with 7,469 gross square feet, including front and back porches. Each building contains 16 bedrooms and 16 bathrooms, totaling 32 bedrooms and 32 bathrooms across the facility. The layout supports both assisted living and memory care services, catering to diverse resident needs.
The facility is fully stabilized with strong management in place, generating high cash flow in a high-income area. There is potential to expand by connecting the buildings to add beds and common areas, subject to local zoning and parking regulations. This opportunity is ideal for investors or operators seeking a well-maintained property with growth potential in a premium market.