Long established Assisted Living Facility North-East Florida.
- This licensed assisted living facility (ALF) is located in the North-East part of Florida between St. Augustine and Fernandina Beach, 15-20 blocks near the famous St. John River.
- It is licensed between 25 and 30 beds and services the mental health population of the county,
- The current owner opened and licensed the facility about 27 years ago and they are ready to retire.
- The occupancy is always at very high levels, as the need for the type of population is huge in the State of Florida.
- The facility is equipped with automatic frie sprinkler system, fire alarm, smoke detectors, fix generator with propane tank, etc.
- The gross in 2021 was $445,235, and the NOI was $173,339, according to the owner's records.
- The monthly revenue ranges steadily around $37,000 per month.
- For a qualified buyer with 50% down payment, the owner may consider holding a PM1st Mortgage, terms and interest TBD.
Contact the Broker via email to request a confidentiality non-disclosure agreement in order to receive more information.
ASKING $1,090,000. NEW LISTING
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- Gorgeous luxurious 6 bed ALF in prime area.
- Lots of space and rooms totaling 4,000 -/+ SF.
- Successful and profitable ALF operation.
- Elegantly decorated, top notch.
- Has 7 spacious bedrooms and 8 bathrooms.
- Includes 6 private residents rooms and 1 suite for caregiver.
- Same owner since 2009 and always at high occupancy.
- Current monthly revenue is $30,000. with private payees.
- Manicured lot, well landscaped, many trees.
- Security cameras, fire alarm, fix generator, and much more.
- Viable for hands on live-in owner.
- Revenue in 2021 was $303,891 - NOI $123,154.
- Centrally located amid high priced homes.
ASKING $850,000.00 NEW LISTING
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- Proud to own this 6 bed ALF, just listed.
- Located in choice residential area.
- Fully operational and up to date.
- Six spacious bedrooms and 7 bathrooms.
- Residents have private accommodations.
- Private pay residents with a $5,616 monthly average.
- Always at high occupancy.
- In business since 2017.
- Excellent reputation in the community.
- Automatic fire sprinkler system, fix generator, etc.
- Revenue in 2021 was $333,479. - NOI $149,538.
ASKING $690,000.00 NEW LISTING
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- This gorgeous 6 bed ALF is located in an established upscale residential neighborhood.
- On over 1/2 acre with lush surroundings.
- Fully equipped.
- Right in the middle of the Orlando Metropolitan area, near major freeways, malls, shopping, and medical facilities.
- Many upgrades occurred in 2016 an designed for memory care residents.
- Lots of common areas and 5 bedrooms.
- Always at high occupancy with monthly revenues around $26,000.-$28,000.
- Must see to appreciate!
- Owners relocating out of the USA.
- This is a turn-key operation that you do not want to miss!
ASKING $589,000.00 SOLD
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- This ALF is pride of ownership!
- ALF on 3.35 -/+ acres with possible capacity for 48 beds and a separate independent unit.
- Currently licensed for 32 -/+ beds, with a separate modern independent unit built in 2018 that can also be used as owner's quarters.
- One ownership since 1989.
- The facility is fully equipped with a commercial grade kitchen, fix generator, automatic fire sprinkler system, electronic entry doors, security system, 27 bedrooms, 29 bathrooms, large common areas, beauty shop, offices, large corridors, and much more.
- Constantly upgraded and renovated as needed.
- Standard and Specialty licenses in place.
- After decades in the ALF industry the family/owners decided to seek retirement due to aging and a few personal adversities (none related to the business).
- The reduction of beds was solely a choice by the owners, as they wanted to simplify the business as they were getting older.
- In order for full cash flow, the new owner will have to increase the number of beds by doubling up some of the bedrooms with semi-private residents, potentially reaching a full capacity of 48 residents, as it was originally.
ASKING $2,800,000.00 CONTRACT PENDING
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- ALF long established - one hour from Orlando.
- Unique opportunity to own a 40 plus beds in Central-East Florida.
- The facility specializes with private pay.
- Medicaid, and subsidized residents.
- Over 40 years in business with only two owners.
- Great community and area full of seniors.
- The NOI has been consistent, around $3000,000 +/- average each year.
- Fully equipped with fire alarm, automatic fire sprinkler system and much more.
- Profitable with an excellent reputation.
ASKING $2950,000.00 CONTRACT PENDING
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- This gorgeous 6 bed ALF is located in an established upscale residential neighborhood.
- On over 1/2 acre with lush surroundings.
- Fully equipped.
- Right in the middle of the Orlando Metropolitan area, near major freeways, malls, shopping, and medical facilities.
- Many upgrades occurred in 2016 an designed for memory care residents.
- Lots of common areas and 5 bedrooms.
- Always at high occupancy with monthly revenues around $26,000. -$28,000.
- Must see to appreciate!
- Owners leaving out of the Country and not returning.
- This is a turn-key operation that you do not want to miss!
ASKING $589,000.00 SOLD
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- Great 6 bed ALF with a rental cottage for independent living.
- In business since 1973 with only two owners.
- Super clean ALF with multiple amenities.
- Centrally located yet situated in a quiet neighborhood.
- Private payee, 100% occupancy.
- Monthly revenue of $21,140. with more potential.
ASKING $319,000.00 SOLD
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- Location-Location-Location.
- Six bed ALF on a nice Golf Coast.
- This ALF services wealthy seniors.
- High occupancy.
- Current monthly revenue $24,100.
- Wont last.
ASKING $359,000.00 SOLD