Listed by Mcbride Kelly & Associates Llc
$2,200,000
Woodlawn Oaks ALF
Details
Property Type Senior Living
Square Footage 4,378
Beds 22
Cap Rate 15.53%
NOI $341,555
Pro-Forma Cap Rate 8.64%
Pro-Forma NOI $181,362
Broker Co-Op Yes
Class B
Year Built 2000
Year Renovated 2024
Lot Size (SqFt) 15,311
Parking Spaces spaces
Investment Type Stabilized
Senior Living | 15.53% CAP | 4,378 SqFt
Marketing description
Woodlawn Oaks - a 22 bed assisted living facility in the heart of St Petersburg, Florida. This 4,378sqft facility consist of 15 rooms and 16 bathrooms with a full commercial grade kitchen and common areas which are all ADA compliant. The building is equipped with Solar Panels significantly reducing costs. The current owner has completed renovations and is in the process of placing new Residents. Easily rent each bed for $3,000+ and take advantage of the appreciation that is coming to the area with the tremendous amount of development taking place.
Listing Contacts
Listed by Mcbride Kelly & Associates Llc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$341,555.00
$28,462.92/mo
Valuation Metrics
0
DSCR
15.53%
Cap Rate
15.53%
ROI
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