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    Plantation, FL 33324

    Sponsored
    For Sale
    $4,200,000

    Profitable Assisted Living Facilities in South Florida

    Property size:
    7,768 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional investment opportunity presents a portfolio of three fully licensed and operational Assisted Living Facilities (ALFs) in desirable South Florida locations: Pompano Beach, Plantation, and Coral Springs. The portfolio boasts a combined 25 licensed beds and a total square footage of 7,768. Currently generating a substantial actual Gross Operating Income (GOI) of $864,769 and a Net Operating Income (NOI) of $149,061, this portfolio offers significant upside potential. A detailed financial analysis reveals a projected GOI of $1,324,800 and an NOI of $548,761.41, based on achievable bed rate adjustments. This translates to an impressive projected capitalization rate of 13.1%. The facilities are situated on a combined 0.29 acres of land. This is a rare opportunity to acquire a well-established, income-producing portfolio in a high-demand market, offering both immediate returns and substantial long-term growth prospects. The portfolio's strong performance and significant upside potential make it an attractive investment for discerning buyers seeking a high-yield, stable asset in the thriving South Florida healthcare market. The current financial performance provides a solid foundation for future expansion and increased profitability.

    Property Features for

    General Information

    Property type
    Residential income properties
    Square Feet
    7,768 SF
    Lot Size
    12,632 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Map

    City
    Plantation
    County
    Broward
    State
    Florida
    Longitude
    -80.25645
    Latitude
    26.13232

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    FAQs

    What type of property is this?
    Residential income property - Profitable Assisted Living Facilities in South Florida
    Where is this residential income property located?
    The property is located at Plantation, FL.
    What is the asking price?
    The asking price for this property is $4,200,000.
    (954) 361-0000
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    Plantation, FL 33324
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Plantation, FL 33324
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