• Assisted Living Facility licensed for 58 beds by the State of Florida.

• Four buildings on 1.8-/+ acres.

• Established 20+ years ago.

• Current owners since 2011.

• Has Standard and Limited Mental Health Licenses.

• The value applied cover mostly the Real Estate portion of the going concern.

• The census is currently low at 57%, as the owners are no longer interested in an intense management and looking forward to retire.

• A new owner could increase the census and revenues to a substantial profitability.

• Although the property underwent $300,000+ upgrade work in 2012, the place may need some TLC in and out.

• Currently there are 33 residents with a monthly revenue of $88,400.

• With projections of $2,600 per month, and an occupancy of 85%, a cap rate of 20+ and a cash on cash of better than 50% can be achieve

• by a knowledgeable and seasoned ALF operator.

ASKING $3,100,000.                                                                    NEW LISTING

ALF 40-/+ beds on 2.7-/+ acres. Near the Tampa Bay Area.

• This 40-/+ bed ALF was established in 2006.

• Located in NW Central Florida, sits on 2.7-/+ acres, with multiple buildings & more vacant land allowing potential expansions for another 40+ beds (subject to authorities’ approval).

• The current owner is the creator and the one who kicked off the project from the start to present.

• Fully occupied with a revenue of $118,075, for the current month.

• The average resident fee is only $3,000/month and can be increased, by a new owner, to over $3,500/month.

• Peaceful & quiet location, with a quasi-rural setting, yet only minutes from cities and modern amenities.

• The facility provides many services & activities to privately pay seniors, and offers memory care services besides regular ADLs to ambulatory seniors.

We have SBA lenders that are fond of good ALF projects (subject to lender vetting the parties).

Email Broker to obtain an NDA, if further interest.

 ASKING $2,650,000.                                                       CONTRACT PENDING

     For Sale…For Sale…For Sale. Money Maker!

Group Home licensed for 6 beds!

(Includes the group home on 2-/+ acres, and the abutting 2-/+ acre parcel).

• Located in the Tampa-St. Petersburg Metropolitan Area.

• The facility/building sits on 2-/+ acres.

• Included in the sale is an abutting 2-/+acre parcel.

• The facility specializes in servicing “people with disabilities”.

• Located in a quasi-rural setting with modern amenities only minutes away.

• Always at high occupancy.
• The monthly income is $43,678.

• The current ownership bought and licensed the property in 2003.

• The building has approx 6,000 SF. the total available land included in the sale is 4-/+ acres (two separate parcels).

• Centrally located, lots of trees and a quiet neighborhood.

• Plenty of space with 6 bedrooms and additional common areas.

• Possibility of expansion (subject to local authorities’ approval), or build your home on the abutting 2-/+ acres and manage the operation of the group home next door.

• Two fireplaces, pool but presently covered & not in use.

• Owners reside in another state and are contemplating retirement.

For inquiries, please email us at: alfomnire@gmail.com

ASKING $1,199,950.00                                                            SOLD

• Great opportunity to own 17-/+ bed ALF, on ¾ acre in a country side setting.

• Located in the Tampa-St. Petersburg Metropolitan Area.

• Near interstates, and City Centers, yet, quasi-secluded in a country setting with sparsely nice home all around.

• The facility has been in operation for about 20 years.                 

• Present ownership since 2011.

• LMH residents, current rent roll of $26,744 at 75% occupancy.

• The owners have other businesses and don’t have the time to properly manage and operate the facility.

• A new hands-on owner will be able to produce more cash by admitting a higher pay resident.

• The asking price is $990,000.

• Owner amicable to entertain reasonable offers.

• Advance appointments to visit the facility preferred, as the owners are very busy & travel a lot.

ASKING $590,000.00                                                               NEW LISTING

• This nice super clean 15 -/+ bed ALF, on 2.2 -/+ acres.
• Located on the West Coast, in Tampa - St. Petersburg - Clearwater, Florida Metropolitan Statistical area.
• Situated in a quiet community, yet only blocks from busy main streets with proximity to amenities and conveniences.
• Established for 20+ years, and residents that only need a few ADLs.
• Always at high occupancy.
• High revenues (in 2020 gross of $440,988., and NOI of around $143,000.).
• The owner is not fully involved in the day-to-day operation as he has other activities to attend to.
• New owners can keep current administrator or take over management and save a hefty salary.
• The facility is fully equipped with automatic fire sprinkler system, Fixed generator, alarm system, etc.
• Great opportunity with expansion possibilities.
• According to the owner, the County may approve an expansion of more rooms/beds.

 ASKING $950,000.00                                                             SOLD  

• Well-kept ALF, licensed for 16 beds.
• Centrally located (West Central FL) and nestled in a quaint and nice area.
• Same owner for the past 21 years.
• All updated per the State requirements.
• High occupancy at all times.
• This ALF Admits Veterans, private pay, LMH, and LTC young and old residents.
• The owner is anxious to sell.
• Super clean, well-managed, and profitable.

 ASKING $1,050,000.00                                                         SOLD

• This 15 -/+ bed ALF on 3/4 of an acre is the pride of ownership.
  
• High occupancy with high pay residents.
• Fully equipped with fire sprinkler system, smoke detectors, commercial kitchen, security cameras, and much more.
• Land use/density is for 25 beds.
• Great location off the beaten area yet only steps from a beautiful harbor and amenities.

• Currently 12 residents with monthly rent of $62,480.

• The overall indoor and outdoor atmosphere provides a sense of peace and tranquility to the residents, staff and the guests alike.

• Completely remodeled interior and exterior.

• Turn-key operation with an amazing care team.

• Ranked #1 assisted living community.

ASKING $1,495,000.00                                                      SOLD