Bank Owned ALF
SOLD November 2019 for $550,000
4373 Venus Avenue, West Palm Beach, Florida 33406
| Building Size | 3,678 Square Feet |
| Land Size | 0.32 Acres |
| Units | 13 |
| Zoning | RM Medium Density |
| Water | Public |
| Sewer | Public |
| Electric | FPL |
| Year Built | 1956 |
| Construction | CBS |
| Roof | Shingle |
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%.
Agent
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Office Phone: (954) 427-8686Mobile: (561) 706-7721Fax: (954) 427-0117
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.