2031 Polk St - Assisted Livings FOR SALE


Hollywood, FL 33020
$9,921,259 USD
954-453-1000
2031 Polk St, Hollywood, FL for Sale
$9,921,259 USD
Assisted Livings - FOR SALE
1/14
null | 8.13% Cap Rate

2031 Polk St
Hollywood, FL 33020


HIGHLIGHTS

  • 105 Bed Assisted Living Facility
  • 13.76% Projected Cap Rate!
  • Excellent Investment Opportunity

OVERVIEW

A 105-­bed licensed Assisted Living Facility located in desirable South Florida. The physical property consists of a total of 27,270 SF, well situated on a 23,707 SF lot. The facility is fully licensed and operating and has a historic occupancy of 95%-99%. Experienced staff and licenses will remain after closing. This is an excellent investment opportunity in a market with very limited inventory.

FOR SALE DETAILS

PRICE

$9,921,259 USD

PRICE/SF

$364 USD /SF

CAP RATE

8.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midtown Manor

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,068 SF

ZONING

RMCRA-76

APN/PARCEL ID

51-42-15-01-1970

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info
954-453-1000

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John DeMarcoRE/MAX 5 Star RealtyMore Info
954-453-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.