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$ 2,500,000
Est. payment | /mo
4,305 SqFt
$ 2,500,000
Est. payment | /mo
4,305 SqFt
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 4,305 sqft
Price per Sqft $580
MLS Listing ID A12049122
HOA Y/N No
Year Built 1954
Annual Tax Amount $10,751
Lot Size 0.251 Acres
Property Sub-Type Special Purpose
Property Description
Vacant ALF 21 - Beds Fully Licensed
The facility is fully licensed. Once fully occupied, the gross revenue is expected to go up to $840,000, with net income of $ 294,000. The projected income will provide the investor with a strong 12% capitalization rate at the full asking price. This is an excellent investment opportunity in a market with very limited inventory.
The facility is fully licensed. Once fully occupied, the gross revenue is expected to go up to $840,000, with net income of $ 294,000. The projected income will provide the investor with a strong 12% capitalization rate at the full asking price. This is an excellent investment opportunity in a market with very limited inventory.
Location
State FL
County Broward
Area 3020
Zoning ND-2
Exterior
Total Parking Spaces 8
Private Pool Yes
Others
Tax ID 514215013070
Ownership Limited Partnership
Acceptable Financing Cash, Conventional, Owner May Carry Second
Listing Terms Cash, Conventional, Owner May Carry Second
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12049122
Listed by RE/MAX 5 Star Realty
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