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301 Peninsular Dr - Prime 51 Bed ALF in the Heart of Haines City

25,666 SF Health Care Building Offered at $8,646,567 CAD at a 17.18% Cap Rate in Haines City, FL 33844

Investment Highlights

  • Prime 51 Bed ALF in the Heart of Haines City
  • 17% Cap Rate at Full Occupancy (Currently at 62%)
  • Full Staff and Management Team in Place
  • Real Estate + Business are Included with the Sale
  • Rare and Desirable ALF License/Zoning as well as Generator Included

Executive Summary

Rare opportunity to own this Prime 51-bed Assisted Living Facility (ALF) located at 301 Peninsular Dr in Haines City FL. This sale includes real estate, the business, required licenses, and a generator. Currently operating at 62% occupancy at a 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 has 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!

Property Facts

Price $8,646,567 CAD
Sale Type Investment or Owner User
Cap Rate 17.18%
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 5.25 AC
Building Size 25,666 SF
No. Stories 1
Year Built 1998
Parking Ratio 1.32/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-27-29-777600-001070
Land Assessment
$437,612 CAD
Improvements Assessment
$3,197,068 CAD
Total Assessment
$3,634,680 CAD

zoning

Zoning Code R2 (Multifamily)
R2 (Multifamily)
  • Listing ID: 33535185

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: 301 Peninsular Dr, Haines City, FL 33844

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