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55 Bed ALF-12% CAP Rate
Pensacola, FL, USA
Available Now
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FOR SALEMultifamily / Apartments Building
Cap Rate
12%
NOI
$446,510
Building Size
17,569SF
Year Built
1988
Zoning
HDR
Currently Leased
No
Listing Contacts
More property details
Property Class
B
No of Stories
1
Location
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55 Bed ALF-12% CAP Rate
About the location
55-Bed ALF – 12% CAP Rate
•Originally licensed for 65 beds, currently licensed for 54
•Occupancy: 46 residents
•NOI: $446,510 | CAP Rate: 12%
•Licensed as ALF and Limited Mental Care
•Fully equipped commercial kitchen
•Strong upside potential: below-market rents + vacancies
•Expansion opportunity: roughly half of the property is undeveloped land
•Outdoor amenities: shaded gazebo under large oaks, walking areas, and a putting green
•Peaceful setting with no nearby commercial activity
•Recent upgrades: newer metal roof, relatively new A/C units, two gas-powered generators
•Safety features: building is fully sprinklered
•Shown by appointment only.