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579 Johnson Lake Rd 3,564 SF Health Care Building Offered at $2,188,320 CAD at a 13.44% Cap Rate in De Leon Springs, FL 32130
Executive Summary
Established, turn key 10 bed assisted living facilty nestled in the heart of Central Florida on a picturesque, fully landscaped and manicured 13 acre estate with beautiful, mature mossy oaks and a magnificent spring fed lake teeming with largemouth bass. Residents enjoy wildlife and nature in a very serene setting with close proximity to DeLeon Springs State Park, the city of DeLand, and Sanford International Airport. This facility has an active license with the Agency of Healthcare Administration. The business is licensed to accommodate a total of 15 full-time residents, which affords the new owner an option to build another 5 bed facility if they wish to expand. All of the following features have been upgraded in 2020: roof, fully remodeled interior with 7 ADA compliant bathrooms, gorgeous 50-year pinewood deck, all electrical, HVAC and ductwork, full-facility Generac generator with 500 gallon propane tank, water treatment system, septic, and sprinkler systems. Great return on investment potential. Includes all forms and documents to include residency agreements, active licensing, nursing staff and experienced administrator. Huge referral base, marketing materials, brochures and social media platforms are all in place with a strong foundation for continued business growth.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,188,320 CAD | Building Class | C |
| Price Per Bed | $218,832 CAD | Lot Size | 13.01 AC |
| Sale Type | Investment | Building Size | 3,564 SF |
| Cap Rate | 13.44% | No. Beds | 10 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built/Renovated | 1952/2020 |
| Zoning | RC,A1 - Resource Corridor, Prime Agricultural, with special exception for Assisted Living Facility. | ||
| Price | $2,188,320 CAD |
| Price Per Bed | $218,832 CAD |
| Sale Type | Investment |
| Cap Rate | 13.44% |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 13.01 AC |
| Building Size | 3,564 SF |
| No. Beds | 10 |
| No. Stories | 1 |
| Year Built/Renovated | 1952/2020 |
| Zoning | RC,A1 - Resource Corridor, Prime Agricultural, with special exception for Assisted Living Facility. |
Amenities
- Waterfront
- Wheelchair Accessible
Room Mix Information
| Description | No. Beds |
|---|---|
| - | 10 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $256,871 CAD (2026) | |
| Land Assessment | $102,728 CAD (2026) | Total Assessment | $776,001 CAD (2026) |
Property Taxes
Parcel Numbers
Land Assessment
$102,728 CAD (2026)
Improvements Assessment
$256,871 CAD (2026)
Total Assessment
$776,001 CAD (2026)
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579 Johnson Lake Rd
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