For Sale
$3,500,000

Withheld By Owner Orlando, FL 32801

11,216 SF, 30 Beds, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Class A, 11,216-square-foot memory care facility in Orlando, Florida, presents a compelling investment opportunity. Built in 2016, this single-story building boasts 30 beds and features spacious private suites, each with a full bathroom. The open design is ideal for memory care, with large common areas and a secure outdoor space including walking trails and a covered patio. Additional amenities include a commercial kitchen, large dining area, three offices, and a full sprinkler and fire alarm system, along with a backup generator. The property offers a strong pro-forma NOI of $556,716 and a pro-forma cap rate of 15.91%, with an asking price of $3,500,000 ($312.05/SF and $116,666.67/bed). The facility is situated in Orange County, zip code 32801. Potential exists for increasing licensed bed capacity by up to 10 additional beds. All information provided is based on pro-forma data and should be independently verified by the buyer's financial advisor. Prior to closing, the buyer is responsible for verifying all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, capacity increase, number of licensed beds, proformas, FF&E valuation, and all other factors relevant to their intended use.

Highlights

  • Custom-built memory care facility.
  • Potential for 10 additional licensed beds.
  • Open design ideal for memory care residents.
  • Prime downtown Oviedo location.
  • Large secure outdoor space and covered patio with backup generator.

Property Details for 0 Withheld By Owner

Property type
Retirement homes, Assisted living facilities
Square Feet
11,216 SF
Class
A
Year Built
2016
Buildings
1
Stories
1

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.54125302912
Longitude
-81.375921031164

FAQs

What type of property is this?
Retirement home - 11,216 SF, 30 Beds, High ROI
Where is the retirement home located?
The property is located at Withheld By Owner Orlando, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Custom-built memory care facility.; Potential for 10 additional licensed beds.; Open design ideal for memory care residents.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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