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Bank Owned ALF

  SOLD November 2019 for $550,000

4373 Venus Avenue, West Palm Beach, Florida 33406


Building Size3,678 Square Feet
Land Size0.32 Acres
Units13
ZoningRM Medium Density
WaterPublic
SewerPublic
ElectricFPL
Year Built1956
ConstructionCBS
RoofShingle

BANK OWNED!!! Real Estate and business included in the sale. This 14 bed assisted living facility consisting of 3 separate buildings located off Military Trail in West Palm Beach. Currently generating $409,334 gross per year. Seller financing available with 35% down. Projected annual resident income $438,572.00 with $342,012.64 annual expenses. NOI $96,559.36 representing a CAP Rate of 14.43%.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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