Group Home for APD Residents(like ALF) in St Petersburg, FL
Business for Sale | 16.30% CAP | 1,808 SqFt
Marketing description
If you are familiar with a "Senior Living" or "Assisted Living Facility" hence, this type of fort-polio is definitely producing more cash flow than an apartment complex. However, this listing, "Group Home" or "APD" (Agency for Person with Disability) licensed for 6 residents is underrated because this offers more aggressive and provides so much upside potential compared to "Senior Living" or "Assisted Living Facility" because of the following advantages:
- Up to $30,000/month per resident for a high level services for clients.
- Placement Marketing for residents is unnecessary for a Group Home business because..
- APD (Agency for Person with Disability) will provide you residents/business.
- Resident's guardians and equivalents will be actively looking for placements.
- A big part of the resident fees will be coming from the government, APD.
- APD is providing all the supports including trading.
- Resale value potential is huge!
Note: The current cash flow is lower compared to its potential because the owner is retiring and doesn't want to deal with high level services to residents. Therefore, they're only dealing with a minimum case loads and fees.
Investment highlights
Huge Upside Potential since this is an APD Group Home
Marketing is unnecessary because the APD, resident guardians and its equivalent will be the one to find a group home.
Recently renovated building and tastefully decorated and maintained.
Government funded services for residents on top of private fees.
APD provides all supports including trainings.
Resale upside potential is huge!
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