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4200 NE 19th Ave - 10 bed Assisted Living ALF 2,163 SF Health Care Building Offered at $1,867,576 CAD at a 2.07% Cap Rate in Pompano Beach, FL 33064

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INVESTMENT HIGHLIGHTS

  • Minutes from Pompano Beach Airport
  • 100% Occupancy
  • Four miles from Mall, Health, Dental providers and entertainment amenities
  • Excellent Investment Opportunity!

EXECUTIVE SUMMARY

A licensed 10-bed Assisted Living Facility in Pompano Beach, Florida, is fully operational with 100% occupancy and experienced staff in place. The facility generates $265,768 in gross revenue and nets $27,928 offering a prime investment opportunity in a high-demand market. An investor can increase rates to receive a projected income of $480,000 and net $239,456, which would provide a strong 17.75% capitalization rate. All showings are by appointment only!

FINANCIAL SUMMARY (PRO FORMA - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $291,342 $134.69

FINANCIAL SUMMARY (PRO FORMA - 2023)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $291,342
Annual Per SF $134.69

PROPERTY FACTS

Price $1,867,576 CAD
Price Per Bed $186,758 CAD
Sale Type Investment or Owner User
Cap Rate 2.07%
Sale Condition Business Value Included
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Skilled Nursing Facility
Building Class B
Lot Size 0.16 AC
Building Size 2,163 SF
No. Beds 10
No. Stories 1
Year Built/Renovated 1966/2022
Parking Ratio 2.77/1,000 SF
Zoning Assisted Living - Licensed and Zoned for ALF and Multifamily

AMENITIES

  • Wheelchair Accessible

ABOUT 4200 NE 19TH AVE , POMPANO BEACH, FL 33064

A licensed 10-bed Assisted Living Facility in Pompano Beach, Florida, is fully operational with 100% occupancy and experienced staff in place. The facility generates $265,768 in gross revenue and nets $69,180, offering a prime investment opportunity in a high-demand market. All showings are by appointment only!

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
Private Room 4
Shared Room 2
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34092295

  • Date on Market: 2023-11-20

  • Last Updated:

  • Address: 4200 NE 19th Ave, Pompano Beach, FL 33064

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