135 Assisted Living Facility Sanford, FL 32771
- Retirement homes
- 43,395 SF
- 2.44 lot acres
Current Use by Public Records
- Retirement homes
Property Details for 135 Assisted Living Facility
- Lot size
- 2.44 lot acres
- Property size
- 43,395 SF
- Property type
- Retirement homes
Description
This exceptional investment opportunity presents a portfolio of two fully operational, licensed assisted living facilities in Sanford, Florida. Comprising a total of 135 beds across two buildings situated on a 2.44-acre lot, this portfolio boasts 43,395 square feet of space. Currently operating at 97% occupancy, the facilities generate a substantial annual gross revenue of $4,449,542 and a net operating income (NOI) of $1,821,253, resulting in an attractive 16.71% capitalization rate. Each building offers residents spacious units, along with convenient amenities such as dining rooms, common areas, outdoor space, and fully equipped commercial kitchens. The facilities are specifically designed for memory care and are staffed with experienced care professionals. Priced at $10,900,000 ($251.18 per square foot and $80,740 per bed), this portfolio represents a compelling value-add investment opportunity in a high-demand market. Showings are by appointment only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.3069
- Latitude
- 28.8006
