701 W 9th St

    Riviera Beach, FL 33404
    • $799,000
    • STATUS: Active
    • ON SITE: 173 days
    • MLS #: A10366826
    UPDATED: 83 min ago
    $799,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of Victoria Gardens Assisted Living Facility. Licensed and operating as a successful 18 bed ALF, this facility has a 30- year track record of success! Amazing investment opportunity to acquire a profitable health care business, with the real property included, and take advantage of the exploding senior housing industry. Above market capitalization rate of over 17.5%. Actual Capitalization not pro- forma.This property is currently grossing $380,016 per year, netting 138,629. Priced at only $44,000 per bed.Current manager will provide a coaching period and ensure a smooth transition. See attached offering memorandum for more information.Do not disturb existing business or residents, all showings call listing broker.

    Monthly Payment Calculator



    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-04-24T23:42:56.097.
    www.bestbrowardrealestate.com/homes/78457078

    701 W 9th St Riviera Beach, FL 33404

    • Price: $799,000
    • Status: Active
    • Updated: 83 min ago
    • MLS #: A10366826
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1960
    Built
    Neighborhood:
    5280
    County:
    Palm Beach
    Area:
    5280
    Property Description
    John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of Victoria Gardens Assisted Living Facility. Licensed and operating as a successful 18 bed ALF, this facility has a 30- year track record of success! Amazing investment opportunity to acquire a profitable health care business, with the real property included, and take advantage of the exploding senior housing industry. Above market capitalization rate of over 17.5%. Actual Capitalization not pro- forma.This property is currently grossing $380,016 per year, netting 138,629. Priced at only $44,000 per bed.Current manager will provide a coaching period and ensure a smooth transition. See attached offering memorandum for more information.Do not disturb existing business or residents, all showings call listing broker.
    Exterior Features

    Num Loading Doors 0 Num Parking Spaces 2 Parking Description Assigned Parking Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 8.0000 Maximum Ceiling Height 10.0000 Num Offices 1

    Property Features

    Approximate Lot Size 10415 Electric Service Other Electric Flood Zone X Num Bays 1 Reo YN No Section 32 Short Sale Yn No Style Of Property Special Purpose Terms Considered All CashConventional/Refinance Typeof Property Special

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-04-24T23:42:56.097.
     
    The Teri Arbogast Team at Keller Williams Partners SW
    2000 NW 150th Ave Suite 1100
    Pembroke Pines FL, 33028