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295 Assisted Living Dr - 205-Bed Assisted Living Facility 67,028 SF Health Care Building Offered at $31,797,501 CAD at a 5.82% Cap Rate in Pompano Beach, FL 33060

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INVESTMENT HIGHLIGHTS

  • 205-Bed Assisted Living Facility
  • Excellent Investment Opportunity
  • Fully Licensed and Operational
  • Projected CAP Rate: 18%

EXECUTIVE SUMMARY

A 205-Beds licensed Assisted Living Facility located in desirable Broward County, Florida. This facility encompasses over 61,000 square feet on nearly 3 acres of land. Currently the property is professionally managed with an experienced staff expected to remain in place post-closing. The facility generates $5.3M in gross income with a net operating income of approximately $1.34M, reflecting a current CAP rate of 6%. With modest increases to bed rates and occupancy, the property has the potential to yield a projected $8.2M in gross income and $4.24M in NOI—delivering a compelling pro forma CAP rate of 18.4%.
This is a rare investment opportunity in a supply-constrained market with high demand for senior living. All inquiries and property tours must be scheduled through the listing agent.

PROPERTY FACTS

Price $31,797,501 CAD
Price Per Bed $155,110 CAD
Sale Type Investment
Cap Rate 5.82%
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 2.84 AC
Building Size 67,028 SF
No. Beds 205
No. Stories 1
Year Built 1984
Tenancy Single
Parking Ratio 0.72/1,000 SF
Zoning RM-30

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-42-02-02-1265
Land Assessment
$1,138,071 CAD
Improvements Assessment
$11,694,332 CAD
Total Assessment
$12,832,403 CAD
  • Listing ID: 35572675

  • Date on Market: 2025-04-21

  • Last Updated:

  • Address: 295 Assisted Living Dr, Pompano Beach, FL 33060

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