1845 Garfield St Hollywood, FL 33020-3115

This exceptional investment opportunity presents a rare chance to acquire a thriving 41-bed Assisted Living Facility (ALF) in Hollywood, Florida. Located at 1845 Garfield Street, just off US1, this property boasts a prime location and strong performance. The asking price is $4,900,000, and the sale includes the real estate, the established business, all necessary licenses, and a reliable generator. Built in 1956, the single-building facility currently operates at 80% occupancy, indicating significant potential for increased revenue by filling existing vacancies. The property benefits from a fully staffed and managed operation, ensuring a smooth transition for the new owner. This turnkey operation minimizes the need for immediate staffing or management changes, allowing for a quick return on investment. The high occupancy rate and established reputation within the community contribute to the strong financial outlook. Given the limited availability of comparable Assisted Living Facilities in this desirable location, this represents a truly unique and highly sought-after investment opportunity. Don't miss this chance to acquire a well-established and profitable business in a thriving market. The property is situated in Broward County, Florida, with a zip code of 33020.