For Sale
$10,900,000

135 Assisted Living FacilitySanford, FL 32771

High-Yield Assisted Living Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a portfolio of two fully operational, licensed assisted living facilities in Sanford, Florida. Comprising a total of 135 beds across two buildings situated on a 2.44-acre lot, this portfolio boasts 43,395 square feet of space. Currently operating at 97% occupancy, the facilities generate a substantial annual gross revenue of $4,449,542 and a net operating income (NOI) of $1,821,253, resulting in an attractive 16.71% capitalization rate. Each building offers residents spacious units, along with convenient amenities such as dining rooms, common areas, outdoor space, and fully equipped commercial kitchens. The facilities are specifically designed for memory care and are staffed with experienced care professionals. Priced at $10,900,000 ($251.18 per square foot and $80,740 per bed), this portfolio represents a compelling value-add investment opportunity in a high-demand market. Showings are by appointment only.

Highlights

  • $10,900,000 asking price for a 135-bed assisted living facility portfolio.
  • Two buildings totaling 43,395 square feet on a 2.44-acre lot in Sanford, Florida.
  • Class C property with 97% occupancy and a strong 16.71% cap rate.
  • Net operating income (NOI) of $1,821,253, generating $251.18 per square foot.
  • Fully licensed and operational with existing staff and care in place; includes dining rooms, common areas, outdoor space, and commercial kitchens.

Property Details for 135 Assisted Living Facility

Property type
Retirement homes
Square Feet
43,395 SF
Class
C
Buildings
2
Lot Size (sq. ft)
106,286 SF

Location Insight

City
Sanford
County
Seminole
State
Florida
Latitude
28.800557
Longitude
-81.3069315
135 Assisted Living Facility, Sanford, Florida

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135 Assisted Living Facility
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