UNDER CONTRACT
This offering is for a sale of a closed and vacant former 6-bed in Leesburg, FL.
This is a beautiful and unique residential assisted living in an upscale community with Lake Harris views. The sale offers the active license and a 5 bedroom 4 bathroom pool home on a double lot with many possibilities. The home is 2 stories and has 3,702 living square feet.
The second floor offers 2 bedrooms, a living room, a kitchen, and 2 bathrooms. The second floor has a separate entrance which makes these 2 bedrooms usable as ALF/Independent rooms, staff quarters, or owners, residences. The first floor has 3 bedrooms and 2 bathrooms, a dining area, a fireplace, large family room overlooking the pool. The pool is screened in and offers an inground SPA.
The property sits on a double lot which allows for two single-family homes. There is a 1,152-square-foot Garage that has been partially converted into a 2-bedroom auxiliary dwelling unit. We are seeking clarification from the city as to the conformity of such use. If this can be used as a dwelling unit, the new owner could realize additional income or usage.
The license is no longer active. Business assets are included, and the price is near or at real estate value. This makes for a great opportunity for a buyer that wants it open a turn-key residential assisted living facility. Over the last 10+ years in operation, the ALF maintained a steady occupancy and makes for a wonderful home environment. The sale includes all policies and procedures and sample contracts/forms. The building is equipped with an automatic generator for compliance with the emergency power plan.
This property can also be utilized as a personal single-family home. Don’t let this incredible opportunity pass you by. Must absolutely need to be seen to be appreciated. Depending upon who you are, this is either your next home, investment or an ALF business with property.
Prior to closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, number of licensed beds, additional lots and lot splits (if any), the validity of incompleted partial structures, and all other factors pertaining to using these parcel(s) and building(s) for the buyer’s intended use.
