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135 Assisted Living Ave
Medical Office
Property Description
The DeMarco Real Estate Group proudly presents the portfolio sale of an 85-bed facility, and a 50-bed facility, totaling 135 beds. These memory care-specific, fully licensed, and operational facilities offer dining rooms, common areas, outdoor space, commercial kitchens, and spacious units. Priced at only $80,740 per bed, the portfolio represents a true value-add investment opportunity. With a strong 13.36% capitalization rate at a 97-98% occupancy, the facilities gross $4,054,995 per year and net $1,456,162. Offering limited inventory in the ALF market, this is an excellent investment opportunity. Showings are by appointment only; call for additional information, including financials and Rent Roll.
Area Description
Discover the vibrant surroundings of Sanford, FL, a thriving community offering a desirable mix of commerce and leisure. The area provides convenient access to essential amenities, including popular dining and shopping destinations such as the Seminole Towne Center and the Historic Sanford Welcome Center. Unwind amidst the tranquility of Lake Monroe, an ideal setting to recharge and find inspiration. Boasting a prime location in the heart of Seminole County, the area offers a robust and diverse business landscape, providing opportunities for networking and collaboration. With its strategic position and dynamic local economy, Sanford presents an alluring prospect for office or office building investors seeking a well-connected and lively environment in Central Florida.
Highlights
- Spacious 8,649 SF building
- Strategic location in Sanford
- High 97.65% occupancy rate
- Versatile layout for office or medical use
- Modern facilities designed for medical operations
- Ample parking for staff and visitors
- Professional management and well-maintained premises
Listing Type: FOR SALE
Status: Sold
Region: S-SE
County: Seminole County
Property ID: 4041888
- Spacious 8,649 SF building
- Strategic location in Sanford
- High 97.65% occupancy rate
- Versatile layout for office or medical use
- Modern facilities designed for medical operations
- Ample parking for staff and visitors
- Professional management and well-maintained premises