Property profile

Plantation, FL 33324

OFF-MARKET
Multifamily properties
7,768 SF 0.29 ac lot Built 1977
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three fully licensed and operational Assisted Living Facilities (ALFs) in desirable South Florida locations: Pompano Beach, Plantation, and Coral Springs. The portfolio boasts a combined 25 licensed beds and a total square footage of 7,768. Currently generating a substantial actual Gross Operating Income (GOI) of $864,769 and a Net Operating Income (NOI) of $149,061, this portfolio offers significant upside potential. A detailed financial analysis reveals a projected GOI of $1,324,800 and an NOI of $548,761.41, based on achievable bed rate adjustments. This translates to an impressive projected capitalization rate of 13.1%. The facilities are situated on a combined 0.29 acres of land. This is a rare opportunity to acquire a well-established, income-producing portfolio in a high-demand market, offering both immediate returns and substantial long-term growth prospects. The portfolio's strong performance and significant upside potential make it an attractive investment for discerning buyers seeking a high-yield, stable asset in the thriving South Florida healthcare market. The current financial performance provides a solid foundation for future expansion and increased profitability.

Property profile

Verified
Property type Multifamily properties
Year built 1977
Total area 7,768 SF
Lot 0.29 ac (12,632 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Plantation, FL 33324
Plantation metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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