621 NW 76th Ave, Plantation FL 33324

Plantation, FL, 33324
$4,200,000

Basics

Date added Added 1 week ago Category Type Status
Lot size, sq ft 12501 sq ft Year built 1977 ListOfficeName RE/MAX 5 Star Realty ListAOR Miami Association of REALTORS®
MLS ID A11704611

Description

  • 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%.

Location

  • CountyOrParish: Broward County

Building Details

  • NewConstructionYN: No

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: No
  • PoolPrivateYN: No
  • FireplaceYN: No

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