Basic Information

  • Type Multi Family
  • Status Closed
  • Year Built 1977
  • Total Sqft 12,501
  • Date Listed 12/05/2024
  • Days on Market 176
Description

Fully licensed and operational Assisted Living Facility (ALF) portfolio comprising three facilities with a total of 25 licensed beds, located in the desirable South Florida markets of Pompano Beach, Plantation and Coral Springs. The portfolio generates a total actual Gross Operating Income (GOI) of $864,769 and a Net Operating Income (NOI) of $149,061, with potential for significant future growth.With the potential to adjust bed rates, investors could achieve a projected GOI of $1,324,800 and an NOI of $548,761.41, offering an impressive projected CAP rate of 13.1%.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 12,501Sq.Ft
  • Sqft 12,501 Sq.Ft

Property Features

  • Address 621 NW 76th Ave
  • Aprox. Lot Size 12,501
  • Furnished Info no
  • Listing Terms Cash, Other
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $14,786
  • Tax Legal desc PLANTATION HILLS 1 SEC 78-41 B LOT 7 BLK 2
  • Tax Year 0
  • Terms Considered Cash, Other
  • Type of Property Multi Family

621 NW 76th Ave

Plantation, FL 33324

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX 5 Star Realty. tel: 954-361-0000

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