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- Principals Only. Please! This is the perfect investment for an Owner/Operator who does not need management companies or outside administrators! Owner motivated and open to reasonable offers. Beautiful & modern 44+ bed Assisted Living Facility on 4 acres, situated in a prime, quiet residential neighborhood. Established 30 years ago, under one ownership. Designed with a less institutional feel, with large corridors, bedrooms, and common areas. Contains 34 bedrooms and 37 bathrooms. Includes many common areas, 2 kitchens, activity rooms, sitting rooms, and more. Currently at 85% occupancy, generating a monthly income of $184,076. Occupancy may fluctuate, but historically & according to the owner, annual occupancy is around 85% to 95%. Currently, all rooms are occupied. A proposed building addition submitted a few years ago to the local authorities includes a site plan for an additional 15,788 SF, adding 28 resident beds to the existing facility for a total of 72 beds upon project completion. Any expansion is subject to modifications and final approval by local authorities.
- Owner is flexible and, after 30 years in the business, is ready to retire. In 2026, for the first six months, revenue is $1,153,729, and NOI is $321,408. If annualized, 2026 revenue is up 9%, and NOI is up 30% compared with 2025. An SBA lender is prepared to finance a qualified buyer at a predetermined price, provided that the minimum debt service coverage ratio (DSCR) is 1.25.
Key Details
Year Established1996
StateFL