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100 Assisted Living St Hollywood, FL 33020

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For Sale
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Prime Assisted Living Facility, High NOI

Property size:
27,270 SF

Property Features for 100 Assisted Living St

General Information

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

Building Details

Units
50

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Listing Contact
John Demarco
John Demarco

Listing Agency: RE/MAX 5 Star Realty Listing Agent: John Demarco

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

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Overview

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 Profile Location Intelligence

Current Use by Public Records

Retirement homes

Map

City
Hollywood
County
Broward
State
Florida
Longitude
-80.1596041
Latitude
26.0181766

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 Call to check price and availability
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