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2075 Rainbow Dr

3,710 SF Health Care Building Offered at $1,004,869 CAD at a 20.09% Cap Rate in Clearwater, FL 33765

Assisted Living Facilities Florida Clearwater 2075 Rainbow Dr, Clearwater, FL 33765

Investment Highlights

  • 12 beds
  • Centrally located in Clearwater
  • Close to shopping
  • Great start up ALF
  • Generator on-site
  • Easy access & quiet neighborhood

Executive Summary

Bank owned former assisted living facility. AS IS. Price to sell. Numbers are 1-year proforma based on similar asset performance.

Attachments

SI-1674 FLYER & OVERVIEW-2

Financial Summary (Pro forma - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,004,869 CAD Building Class C
Price Per Bed $83,739 CAD Lot Size 0.28 AC
Sale Type Investment or Owner User Building Size 3,710 SF
Cap Rate 20.09% No. Beds 12
Sale Conditions Distress Sale No. Stories 1
Property Type Health Care Year Built 1957
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Centre
 Parking Ratio 1.35/1,000 SF
Price $1,004,869 CAD
Price Per Bed $83,739 CAD
Sale Type Investment or Owner User
Cap Rate 20.09%
Sale Conditions Distress Sale
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Centre
Building Class C
Lot Size 0.28 AC
Building Size 3,710 SF
No. Beds 12
No. Stories 1
Year Built 1957
Parking Ratio 1.35/1,000 SF
1 of 1
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 13-29-15-82548-013-0040 Total Assessment $559,287 CAD (2023)
Land Assessment $274,728 CAD (2023) Annual Taxes -$1 CAD ($0.00 CAD/SF)
Improvements Assessment $284,560 CAD (2023) Tax Year 2025

PROPERTY TAXES

Parcel Number
13-29-15-82548-013-0040
Land Assessment
$274,728 CAD (2023)
Improvements Assessment
$284,560 CAD (2023)
Total Assessment
$559,287 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
(727) 491-5621

Contact

  • Listing ID: 34383139

  • Date on Market: 2025-01-06

  • Last Updated:

  • Address: 2075 Rainbow Dr, Clearwater, FL 33765

The Health Care Property at 2075 Rainbow Dr, Clearwater, FL 33765 is currently available for sale. Contact Klein & Heuchan, Inc. for more information.

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2075 Rainbow Dr
(727) 491-5621 x

2075 Rainbow Dr

Michael Monteclaro

(727) 491-5621

(727) 491-5621

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