Assisted Living Specialist

6 Bed Assisted Living

100% Occupied

2018 Net Operating Income - $68,000

2019 Income Projections - $70,000

Rents can be increased!!!  Upside Potential

Don’t let the unassuming front of the house fool you: this assisted living home is a spacious four bedroom, three bathroom home with a beautiful layout. It has two large bedrooms with in-suite bathrooms which are used as the semi private rooms, and two additional private rooms. The home is a three way split, and provides all residents with plenty of privacy.

The main room of the facility is the large family room where everyone comes together for community events, including regular entertainers and musicians. This family room has a large screen TV, and electric recliners for all the residents to feel comfortable. We also have a large dining room where we serve our meals, which we develop with a licensed nutritionist and prepared for residents in our new kitchen.

We have a nice screen patio out back for residents to enjoy the quiet with a fenced in backyard. As the facility backs up to a Florida Water Management District canal, there are no homes behind the facility which creates a serene and private location.. This is a very quiet neighborhood and has worked very well for the residents from the surrounding retiring communities, like Kings Point, Tamarac Mainlands and Sunrise Lakes.

14 Beds and can be zoned up to 21 beds

100% Occupied

2018 NOI - $165,000

2019 NOI  Projection - $180,000

Rents can be increased!!!  Upside Potential

Increase the bed count for additional $200,000 of NOI!!!!

Great opportunity to own a well run, upscale, cash flowing assisted living in a great area with huge upside potential.  The property is licensed for 14 beds now with an additional 7 beds that can be added and was approved by the Village in the past. With a minimal increase in expenses and an additional $300,000 in revenue make this a true money maker.

Zero deficiency surveys since opening and the owner will stay for a little while to help the new owner.  House value close to $950,000 so you're getting a great business for 2x earnings.