6333 Babb RdBelleview, FL 34420

This exceptional investment opportunity presents a well-established 55-bed assisted living facility in Belleview, Florida. The property comprises three buildings totaling over 19,775 square feet situated on over 1.5 acres and includes multiple private and semi-private living options. The facility boasts a strong operational history, evidenced by an 11.41% cap rate and a robust NOI of $513,599. The asking price is $4,500,000, translating to a price per square foot of $227.56 and a price per bed of $81,818.18. Financial projections indicate a pro-forma cap rate of 11.94%. The property's strong reputation and excellent management team contribute to a consistently high occupancy rate. The current owner's hands-off approach, primarily focused on financial oversight and strategic support, makes this a relatively passive investment. The property features ample common areas for resident enjoyment and benefits from a professional staff with low turnover. The sale includes all real estate and the established business. Potential buyers are responsible for verifying all aspects of the property, including permits, approvals, regulations, financials, and other relevant factors, prior to closing. Note that the provided financial information is based on 2024 year-to-date performance (January-May) with add-backs provided by the seller; independent verification is strongly recommended.