Licensed Assisted Living
For Sale
Contact for pricing
840 SW 8th St, Pompano Beach, FL 33060
Fully licensed, operating 71-bed assisted living facility currently with 63 residents.
Property SizeContact for details
Days on Market151
Property Features for 840 SW 8th St
General Information
Standard status
Active
Property subtype
Senior Living
Occupancy
89%
Financials
Cap Rate
8.99%
Business Included
Yes
Listing Agency:
RE/MAX 5 Star Realty
Listed By:
John DeMarco · License #BK3134747
(954) 453-1000
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 10:41AM
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 RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
Green Life Assisted Living Facility is a fully licensed, operating 71-bed assisted living property in Pompano Beach, Florida, and is described as being in great overall condition. The facility is predominantly Medicaid-based and is currently operating with 63 residents out of 71 beds.
The property is presented as turn-key, with full management and well-trained staff expected to remain on board after closing. Financial highlights provided in the remarks include current annual gross revenue and net income figures, along with an indicated path to increased NOI if fully leased up. The offering is described as including a detailed pro-forma.
Also noted is an option for the current operator/owner to lease back the property after closing if desired by the buyer, offering a reported capitalization rate based on a long-term lease. Seller financing may be available.
The property is presented as turn-key, with full management and well-trained staff expected to remain on board after closing. Financial highlights provided in the remarks include current annual gross revenue and net income figures, along with an indicated path to increased NOI if fully leased up. The offering is described as including a detailed pro-forma.
Also noted is an option for the current operator/owner to lease back the property after closing if desired by the buyer, offering a reported capitalization rate based on a long-term lease. Seller financing may be available.
Key Highlights
- Fully licensed and operating 71‑bed assisted living facility in Pompano Beach, FL
- Currently has 63 residents out of 71 beds
- Financials reported: grossing $1,181,616/year and netting $403,521/year
Property Analytics
Property Profile
Current Use
Lease Details
88.7%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,731
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33060, FL
35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
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Similar Off Market Nearby
- Verona Gardens at Pompano Beach — 239 NE 23rd Ave, Pompano Beach, FL 33062
- Vizcaya Garden — 239 NE 23rd Ave, Pompano Beach, FL 33062
- M & M Assisted Living Facility — 113 NE 7th St, Pompano Beach, FL 33060
- Brower Children's Center — 1216 NE 6th St, Pompano Beach, FL 33060
Frequently Asked Questions
What type of property is this?
Assisted living facility - Fully licensed, operating 71-bed assisted living facility currently with 63 residents.
Where is this assisted living facility located?
The property is located at 840 SW 8th St Pompano Beach, FL.
What are key features of this property?
This property features: Fully licensed and operating 71‑bed assisted living facility in Pompano Beach, FL; Currently has 63 residents out of 71 beds; Financials reported: grossing $1,181,616/year and netting $403,521/year
