Sam P. Buran - Broker
BK394076
Omni Real Estate
Office: (352)-241-4170
Email: Alfomnire@gmail.com
We work "directly" & "exclusively" with Buyers & Sellers!
North FL Showcase
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 this type of survices is huge in the State of Florida.
- The facility is equipped with automatic fire sprinkler system, fire alarm, moke detectors, fix generator with propane tank, etc.
- The gross in 2021 was $445,235, and the NOI was $173,399, according to the owners's recordes.
- 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