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1234 Maine St Eustis, FL 32726

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For Sale
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Established 10-bed assisted living facility in Lake/Marion County.

Type:Senior Living
Added:
Feb 7, 2023
Days on Market:
1166
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 1234 Maine St

General Information

Standard status
Active
Property subtype
Senior Living

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Listing Contact
Sunny Gandhi

Listing agent Sunny Gandhi License #SL3302939

Listing office KW Commercial Orlando Central

Listing date Feb 7, 2023

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Orlando Central


Overview

Established Assisted Living Facility For Sale

An established 10-bed assisted living facility located in Lake/Marion County is available for purchase. The facility can be acquired individually or as part of a multi-property portfolio. The property is fully licensed with an active business and residents. The purchase encompasses real estate consisting of multiple buildings on a large acreage, an established business with over 20 years of operation, and all furniture, fixtures, and equipment. Equipped with a fire alarm and generator as required by local and state authorities, the facility maintains an excellent reputation and a high historical occupancy rate. The occupancy rate in February 2023 was 90%. January 2023 collections with 90% occupancy were approximately $26,000. The seller anticipates monthly revenue to reach approximately $30,000 starting in March 2023, with expected SSI reimbursement increases and new move-ins. An ideal buyer would possess healthcare experience, reside nearby (or move into the 1/1 house located on the property), and be an active hands-on operator, potentially increasing cash flow. Further details, including the actual number of beds, property information, address, financials, proformas, and photos, will be disclosed after signing a non-disclosure agreement. Prior to closing, the buyer is responsible for verifying all permits, approvals, regulations, allowed use, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, the number of licensed beds, and all other factors relevant to their intended use of the property.
Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Building Supply Gym & Fitness Center Auto Repair Shop Skin Care Clinic Accounting Firm Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Eustis
County
Lake
State
Florida
Longitude
-81.661748
Latitude
28.851581

FAQs

What type of property is this?
Assisted living facility - Established 10-bed assisted living facility in Lake/Marion County.
Where is this assisted living facility located?
The property is located at 1234 Maine St Eustis, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Established Assisted Living Facility (ALF) with active business and residents.; Includes real estate (multiple buildings on large acreage), business (over 20 years), and FF&E.; Fully licensed with high historical occupancy rate and 90% occupancy in Feb 2023.
More about this property
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