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Property profile & analytics
OFF-MARKET
Retirement homes

0 Adress Withheld By Seller Eustis, FL 32726

3,570 SF 1.02 ac lot Built 2008
Property ID
Property summary
AI-generated overview

This exceptional 6-bed memory care facility in Eustis, Florida, presents a lucrative investment opportunity. Boasting a substantial 3,570 square feet on a 1.018-acre lot, this 2-story, 2008-built property offers a comfortable and secure environment for residents. The facility features 6 bedrooms, 2 full bathrooms, and 2 half bathrooms, with the upper floor providing living quarters for owners or staff. A key advantage is the fully licensed and established operation, currently enjoying full occupancy and commanding higher-than-average rates due to its homelike atmosphere and personalized care. Financial strength is evident in the strong historical financials and a noteworthy 26.03% cap rate, generating a net operating income (NOI) of $169,227. Further enhancing its appeal are features such as a whole-house automatic generator with a 900-gallon propane tank (providing 96 hours of power), an access control system, and safety grab bars in all resident bathrooms. The property also includes a large, secure patio. This is an owner/user investment opportunity with a price per square foot of $182.07 and a price per bed of $108,333.33. Located conveniently within an hour's drive of downtown Orlando, this property offers a compelling blend of strong financial performance and desirable operational characteristics.

Property profile
Verified
Property type Retirement homes
Year built 2008
Total area 3,570 SF
Lot 1.02 ac (44,344 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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