14108 Old Dixie HwyHudson, FL 34667
- Mixed-use properties
- 3,022 SF
Property Details for 14108 Old Dixie Hwy
- Year built
- 1970
- Lot size
- 0.51 AC
- Property size (Sq ft)
- 3,022 SF
- Zone code
- 00R2
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 27-24-16-0110-01200-0041
- APU
- 2724160110012000041
Description
This exceptional investment opportunity presents a fully operational, 17-bed assisted living facility in Hudson, Florida. Located on a 0.51-acre lot at 14108 Old Dixie Highway, this 4,000 square foot property boasts nine rooms and currently houses 16 residents, generating a gross monthly income of $39,015. The asking price of $1,240,000 includes the real estate ($890,000), the established business ($350,000), and all furniture, fixtures, and equipment ($70,000). Conveniently situated minutes from the freeway, ensuring easy access for residents' families. The current ownership model involves semi-absentee management, with the owner handling payroll and some administrative tasks, while an on-site manager oversees daily operations. This well-established assisted living community offers a strong return on investment and a turnkey operation for a new owner. The property is easily accessible from US 19, traveling west onto Hudson Avenue, then south onto Old Dixie Highway. This is a rare opportunity to acquire a profitable and established business in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $626,749
- 6.5%
- $578,537
- 7%
- $537,213
-
Comparable approach
- Method
- Valuation
- Relative Method
- $333,266
- Geo Method
- $333,266
-
Alternative Use
- Use
- Valuation
- Residential
- $717,386
- Hospitality
- $657,122
- Educational
- $546,718
- Medical
- $565,520
- Retail
- $850,450
Location Insight
- City
- Hudson
- County
- Pasco
- State
- Florida
- Latitude
- 28.3622
- Longitude
- -82.6986
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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 unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].