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1722 Madison St - Hollywood Beach Retirement Home

4,686 SF Health Care Building Offered at $6,043,500 CAD at a 11.18% Cap Rate in Hollywood, FL 33020

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Investment Highlights

Highly desirable location for retirees

Hollywood, known for its beautiful coastal environment

Executive Summary

With an impressive and attractive 10.56% cap rate, this facility promises solid and consistent returns. It houses more middle-aged long-term residents. Hollywood, known for its beautiful coastal environment, is a highly desirable location for retirees, making this investment an excellent opportunity in the assisted living market.

Property Facts

Price	$6,043,500 CAD	Building Class	C
Price Per Bed	$188,859 CAD	Lot Size	0.25 AC
Sale Type	Investment	Building Size	4,686 SF
Cap Rate	11.18%	No. Beds	32
Property Type	Health Care	No. Stories	1
Property Subtype	Assisted Living Healthcare Continuing Care Retirement Community	Year Built	1953

Price	$6,043,500 CAD
Price Per Bed	$188,859 CAD
Sale Type	Investment
Cap Rate	11.18%
Property Type	Health Care
Property Subtype	Assisted Living Healthcare Continuing Care Retirement Community
Building Class	C
Lot Size	0.25 AC
Building Size	4,686 SF
No. Beds	32
No. Stories	1
Year Built	1953