92-Bed Assisted Living Facility - Financing Available!!!
8207 Forest City Rd,
Orlando,
FL 32810
Description This is a well-established, well managed Assisted Living Facility ready for a new owner to take over and continue growing the business. The owners have recently expanded the facility from 74-beds to its current 92-Beds. The cost of the expansion was $2M. The income is continuing to grow every month and is reaching the $1.1M area this month (October 2023). This facility includes: 92-Beds/46-Units 20,364 SF (16,416 Rentable) 1.82-Acres Built: 1987- Renovated 2022 Current Financial Information (2023): $2,405,362 Gross Revenue $955,636 NOI 2024 Financial Projections (92 AL Beds 93% Occupancy): $2,740,320 Gross Revenue $1,121,739 NOI $955,636 NOI 2024 Financial Projections (32 Memory Care Reinstated): $3,234,720 Gross Revenue $1,382,938NOI Memory Care: This facility once included a 32-unit Memory Care wing that was shut down during the construction. The owners will reinstate the Memory Care component at the request of the new owner, who can enjoy the additional revenue the Memory Care component will contribute. Management: The owners of this facility are willing to offer their management services to the new owner. Financing: the owners have a business relationship with a reputable lender who has established lucrative financing terms for this acquisition. Current Appraisal and Financing Information available upon request! Highlights 92-Bed Assisted Living Facility 91% Occupied 9% Cap Rate Possible Memory Care Component Financing Available
Contact
Broker or Owner Contact
Benny
Spensieri
,
Phone:
|
ED Contact
Robert
Collins
Orlando Utilities Commission
100 W Anderson St
Orlando,
FL
32801
Phone: (407) 423-9100
rcollins@ouc.com
|
|
Building
Property ID |
798 |
Building Size |
20364 |
Site Size (acres) |
|
Zoning |
R-3 |
Year Built |
1985 |
Number of Drive-In Doors |
|
Number of Dock-In Doors |
|
Clearance Height |
|
|
Drive-in Doors |
no |
Sprinklered |
no |
Parking Ratio |
0 |
Updated |
|
Number of Parking Spaces |
|
Parking |
no |
HVAC |
|
|
Pricing
For Sale |
yes |
Sale Price |
0 |
For Lease |
no |
Lease Type |
|
Lease Cost |
0 |
|
Geographic and Infrastructure
Latitude |
28.631191 |
Longitude |
-81.4141189 |
County |
Orange County |
Rail Access |
no |
|
Utilities
Service to Property |
no |
Electric Provider |
|
Gas On Site |
no |
Gas Provider |
|
Water On Site |
no |
Water Provider |
|
|
Fiber Optics |
no |
Telecom on Site |
no |
Sewer On Site |
no |
Sewer provider |
|
|
Unused Data Points
status |
Active |
businesspark |
|
buildingtypes |
B |
contiguous |
|
divisiblefrom |
|
saleprice |
|
pricepersf |
|
dockhigh |
|
divisible |
|
loadbearing |
|
multitenant |
|
shovelready |
|
landtypes |
|
ownership |
|
networked |
|
phase1 |
|
airportzone |
|
revitalizationarea |
|
tif |
|
enterprisezone |
|
floodplain |
|
created |
|
updatedby |
|
custom1 |
|
custom2 |
|
custom3 |
|
custom4 |
|
custom5 |
|
custom6 |
|
custom7 |
|
custom8 |
|
custom9 |
|
custom10 |
|
custom11 |
|
custom12 |
|
custom13 |
|
custom14 |
|
custom15 |
|
custom16 |
|
custom17 |
|
custom18 |
|
custom19 |
|
custom20 |
|
thumbnail |
https://storage.googleapis.com/simplifi-dev/images/cad44b94/92-bed-assisted-living-facility-financing-available-2bd1a014-thumb.jpg |
image1 |
https://storage.googleapis.com/simplifi-dev/images/cad44b94/92-bed-assisted-living-facility-financing-available-2bd1a014.jpg |
image2 |
https://storage.googleapis.com/simplifi-dev/images/cad44b94/92-bed-assisted-living-facility-financing-available-aed98275.jpg |
image3 |
|
image4 |
|
download1 |
|
download2 |
|
download3 |
|
download4 |
|
cranes |
|
maxcontig |
|
buildableacres |
|
callCenter |
|
columnSpacing |
|
dataCenter |
|
heatType |
|
septicOnSite |
|
sprinklerType |
|
topography |
|
warehouseSF |
|
wetlands |
|
addlacreageavail |
|
airconditioned |
|
electricamps |
|
rentalrateannual |
|
baylength |
|
baywidth |
|
expansiondate |
|
dslavailable |
|
officeareasf |
|
pricenegotiable |
|
sewermainsize |
|
heated |
|
salepriceunits |
|
watermainsize |
|
electricvolts |
|
expandableYesNo |
|
floorThickness |
|
gaspsi |
|
gasmainsize |
|
electricPhase |
|
cranesUnderHook |
|
refrigeratedSF |
|
docksLevel |
|
isContiguous |
|
overrideimport |
|
createdBy |
|
description_lower_first |
|