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Multi Family For Sale Private Address A11704611 in Plantation

$4,200,000

Property Highlights

Listing ID A11704611 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 7,768 Sqft/721.67 m2 approx. Lot area 12,501 Sqft/1161.38 m2 approx. Year Built 1977 Time of this property on Rebonus 62 Day(s)

About this Multi Family with Listing ID A11704611

Property Description: Fully licensed and operational Assisted Living Facility (ALF) portfolio comprising three facilities with a total of 25 licensed beds, located in the desirable South Florida markets of Pompano Beach, Plantation and Coral Springs. The portfolio generates a total actual Gross Operating Income (GOI) of $864,769 and a Net Operating Income (NOI) of $149,061, with potential for significant future growth.With the potential to adjust bed rates, investors could achieve a projected GOI of $1,324,800 and an NOI of $548,761.41, offering an impressive projected CAP rate of 13.1%.

Useful Info

Original List Price:$4,200,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Structure Type:
  • Multi Family

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$14,786

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Listing Terms Considered by Seller:
  • Cash
  • Other
Occupant Type:
  • Call Agent
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Ref1097288836
Subdivision Number5

Zoning and Legal

Tax Legal Description:PLANTATION HILLS 1 SEC 78-41 B LOT 7 BLK 2
Real Estate Folio Number (Parcel Number):504104050340
Zoning Description:RS-3K S
Public Survey Range:50

Listing History

Update/EventDate/Days
Published Date:December 5, 2024 11:18 am
On Market Date:December 5, 2024
Price Change Date Time:December 5, 2024 11:16 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:December 5, 2024 11:18 am
Status Last Changed:December 5, 2024 11:18 am
Photos Last Modified:December 5, 2024 4:40 pm
Last Modified:December 5, 2024 9:00 pm
Days on the Market Reference Date:December 5, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Number of Photos:4
Location:,,
Included:,,
Area:3760
Courtesy of:RE/MAX 5 Star Realty
Universal Property Id:US-12011-N-504104050340-R-N

Neighborhood

Postal City:Plantation