1320 SW 26th St
Fort Lauderdale, Florida, 33315, United States
- ft²
0.22 acres
- beds
- baths
Property Provided By
- John DeMarco
- RE/MAX 5 Star Realty
- +1 (954) 453-1000
$23,994 cashback!
Property Information
The physical property consists of two buildings total of 5,507 SF, well situated on a large 15,565 SF lot. The property has 16 rooms with a total of 35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents with a waiting list. Experienced staff will remain after closing. The facility generated $781,630 in gross revenue in 2022, and net $350,461 a year. Projected gross revenue for 2023 is expected to go up to $940,830 with net income raising to $513,505. This income provides a strong 12.8% capitalization rate at a full asking price. This is an excellent investment opportunity in a market with very limited inventory.
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Courtesy of RE/MAX 5 Star Realty.
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This content last updated on 2024-06-17 14:21:58. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Property Provided By
- John DeMarco
- RE/MAX 5 Star Realty
- +1 (954) 453-1000
$23,994 cashback!
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