Plantation, Florida 33324, United States

MLS#: A11704611

$4,200,000 USD

Listed By RE/MAX 5 Star Realty

The Commercial for Sale located at Plantation Florida 33324 is currently for Sale, Plantation Florida 33324 is listed for $4,200,000. If the property located at Plantation Florida 33324 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Plantation .

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The details

Property features

Date Updated: Dec 5, 2024

Construction details

Year built: 1977

Description

Fully licensed and operational Assisted Living Facility (ALF) portfolio comprising three facilities with a total of 25 licensed beds, located in the desirable South Florida markets of Pompano Beach, Plantation and Coral Springs. The portfolio generates a total actual Gross Operating Income (GOI) of $864,769 and a Net Operating Income (NOI) of $149,061, with potential for significant future growth.With the potential to adjust bed rates, investors could achieve a projected GOI of $1,324,800 and an NOI of $548,761.41, offering an impressive projected CAP rate of 13.1%.

Location

Plantation, Florida 33324, United States

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.