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$6,100,000
74 Days On Site
12 E Grove AveLake Wales, FL 33853
For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
25,666
SqFt
$238
/SqFt
—
Built
County:
Polk
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Rare opportunity to own this Prime 51-bed Assisted Living Facility (ALF) located at 12 E Grove Ave in Lake Wales, FL. This sale includes real estate, the business, required licenses, and a generator. Currently operating at 65% occupancy at a 5.4% Cap Rate, this facility offers significant potential for increased profitability by filling vacancies and optimizing expenses to operate at a whopping 17% Cap Rate! This property also have the license to operate at 60 beds! Full staff and management in place! ALFs of this caliber rarely come to market—don’t miss out on this highly desirable investment opportunity!
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Listing Snapshot
Price
$6,100,000
Days On Site
74 Days
Bedrooms
N/A
Inside Area (SqFt)
25,666 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
120,208 Acres
Year Built
N/A
MLS® Number
A11675602
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing first seen on site | |
| 2 months ago | Listing updated with changes from the MLS® |
General Features
Sewer
Public Sewer
SqFt Total
25666
Water Source
Public
Interior Features
Cooling
Central Air
Heating
Central
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Community Features
Financing Terms Available
CashConventional
MLS Area
5940 Florida Other
Listing courtesy of Fausto Commercial Realty Consultants Inc
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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