Senor Living/ 55 Bed ACF-12% CAP Rate

• This ALF was originally licensed for 65 beds. Currently licensed for 54.
• Currently there are 46 residents.
• NOI $446,510 / CAP Rate 12%!
• Licensed as ALF and Limited Mental Care.
• Full equipped commercial kitchen.
• Great upside here. Rents are below market and there are vacancies.
• Approximately half the land is vacant meaning there's room to expand.
• Plenty of room for walks. There is a gazebo in the shade of large oaks. There is also an outdoor putting green for the golfers! No commercial uses nearby....very quiet!
• Fairly new metal roof, A/Cs aren't that old and there are 2 gas powered generators. The entire bldg is sprinkled (fire).

Shown by appointment only! DO NOT GO TO THE PROPERTY