295 Assisted Living Dr - Assisted Livings FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$24,000,000 USD
954-453-1000
295 Assisted Living Dr, Pompano Beach, FL for Sale
$24,000,000 USD
Assisted Livings - FOR SALE
1/1
null | 5.58% Cap Rate

295 Assisted Living Dr
Pompano Beach, FL 33060
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • 205-Bed Assisted Living Facility
  • Fully Licensed and Operational
  • Excellent Investment Opportunity
  • Projected CAP Rate: 18%

OVERVIEW

A 205-Beds licensed Assisted Living Facility located in desirable Broward County, Florida. This facility encompasses over 61,000 square feet on nearly 3 acres of land. Currently the property is professionally managed with an experienced staff expected to remain in place post-closing. The facility generates $5.3M in gross income with a net operating income of approximately $1.34M, reflecting a current CAP rate of 6%. With modest increases to bed rates and occupancy, the property has the potential to yield a projected $8.2M in gross income and $4.24M in NOI—delivering a compelling pro forma CAP rate of 18%. This is a rare investment opportunity in a supply-constrained market with high demand for senior living. All inquiries and property tours must be scheduled through the listing agent.

FOR SALE DETAILS

PRICE

$24,000,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

5.58%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

205-Bed Assisted Living Facility

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

2.84 AC

LAND SF

123,866 SF

ZONING

RM-30

APN/PARCEL ID

49-42-02-02-1265

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.