4616 SW 7th Place $2,890,000

This fully operational facility features 12 licensed beds, with staff and care services already in place. The current building spans 3,705 SF on a 1.2-acre lot. There is also an opportunity for the buyer to develop a new facility on the adjacent lot, potentially adding up to 60 beds. All permits were already approved this is a shovel ready project. Approved plans for expansion include constructing a new facility with an additional 42 living spaces to accommodate additional residents, with completion anticipated in the first quarter of 2025. The existing staff will be retained to ensure a seamless transition, and the facility plans to hire up to 20 additional employees to support the growing community. Offering both private and semi-private rooms, the facility will provide various pricing options. The thoughtfully designed layout includes accessible community spaces for gatherings and activities, enriching the overall living experience. This is an excellent investment opportunity in an ALF market with very limited inventory. Please refrain from disturbing the existing business. Additional lot to the north is included in the sale 4602 SW 7th Pl.

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