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    100 Assisted Living St Hollywood, FL 33020

    For Sale
    $13,250,000

    Prime Assisted Living Facility, High NOI

    Property size:
    27,270 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 100-bed assisted living facility presents a compelling investment opportunity in Hollywood, Florida. Located at 100 Assisted Living St, 33020, this Class C property boasts 27,270 square feet on a 23,707 square foot lot. The facility currently generates a Net Operating Income (NOI) of $970,096, yielding a 7.32% capitalization rate. However, a pro-forma analysis projects a significantly higher NOI of $1,808,534 and a 13.65% capitalization rate, indicating substantial growth potential. The asking price is $13,250,000, translating to $485.88 per square foot and $132,500 per bed. The property includes 50 units and all existing business assets, including licenses and inventory. The current staff is expected to remain post-closing. This is a rare opportunity to acquire a well-established assisted living facility in a market with limited inventory, offering strong returns and significant upside potential. The property's location in South Broward County ensures convenient access to major transportation routes and a thriving senior community. This is an exceptional investment opportunity not to be missed.

    Property Features for 100 Assisted Living St

    General Information

    Property type
    Retirement homes
    Square Feet
    27,270 SF
    Class
    C

    Building Details

    Units
    50

    HighLights

    • 100‑bed assisted living facility.
    • 13.65% projected cap rate.
    • Excellent investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Map

    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1596041
    Latitude
    26.0181766

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    FAQs

    What type of property is this?
    Retirement home - Prime Assisted Living Facility, High NOI
    Where is this retirement home located?
    The property is located at 100 Assisted Living St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $13,250,000.
    What are key features of this property?
    This property features: 100-bed assisted living facility.; 13.65% projected cap rate.; Excellent investment opportunity.
    (954) 453-1000
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    100 Assisted Living St Hollywood, FL 33020
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    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
    100 Assisted Living St Hollywood, FL 33020
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