1234 Maine St, Eustis, FL 32726

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.