4614-4616 SW 7th Pl - Assisted Livings FOR SALE


Cape Coral, FL 33914
$2,890,000 USD
954-453-1000
4614-4616 SW 7th Pl, Cape Coral, FL for Sale
$2,890,000 USD
Assisted Livings - FOR SALE
1/16
null | 16.31% Cap Rate

4614-4616 SW 7th Pl
Cape Coral, FL 33914


HIGHLIGHTS

  • Licensed 12-Bed Assisted Living Facility
  • Approved Permit to expand for an additional 60 Beds!
  • Shovel Ready / Permits approved!

OVERVIEW

This fully operational facility features 12 licensed beds, with staff and care services already in place. The current building spans 3,705 SF on a 1.2-acre lot. There is also an opportunity for the buyer to develop a new facility on the adjacent lot, potentially adding up to 60 beds. All permits were already approved this is a shovel ready project. Approved plans for expansion include constructing a new facility with an additional 42 living spaces to accommodate additional residents, with completion anticipated in the first quarter of 2025. The existing staff will be retained to ensure a seamless transition, and the facility plans to hire up to 20 additional employees to support the growing community. Offering both private and semi-private rooms, the facility will provide various pricing options. The thoughtfully designed layout includes accessible community spaces for gatherings and activities, enriching the overall living experience. This is an excellent investment opportunity in an ALF market with very limited inventory. Please refrain from disturbing the existing business.

FOR SALE DETAILS

PRICE

$2,890,000 USD

PRICE/SF

$780 USD /SF

CAP RATE

16.31%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Continuing Care Retirement Com, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R3-D

APN/PARCEL ID

11-45-23-C4-01711.0220

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.