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Cape Coral Assisted Living Facilty

12-Bed ALF with Approved Permit for an additional 60 Beds!

Listing Contacts

Active

Asking Price: $2,890,000
Address 

4614 SW 7th Pl, Cape Coral, FL 33914

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Date Added
Sep 25, 2024
Days on Market
175 days
Time Since Last Update
1 day

Details

Property TypeSenior Living
Subtypeassisted living facility, alf
ClassB
Cap Rate15.10%
Beds12

Marketing Description

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.​ The plans are approved and the site is shovel ready!

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 10 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.​

Investment Highlights

  • Licensed 12-Bed Assisted Living Facility

  • Approved Permit for an additional 60 bed expansion or multi-use.

  • Approved Plans/Shovel ready!

  • Perfect for an Investor or Owner-User

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker Information
Broker Name
John DeMarco
Broker License
FL BK3134747
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