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The physical property consists of 1,982 SF, well situated on a large 6,724 SF lot. Pride of ownership is evident throughout this beautiful and well maintained ALF. The facility is grossing over $400k per year and is projected to net $191k in 2022. This net income provides an investor with a strong 14.7% capitalization rate at a current 100% occupancy. This is an excellent investment opportunity in an ALF market with very limited inventory. Please remember not to disturb existing business, staff or residents. All showings are by appointment only; call for additional information.
Listed by John DeMarco, RE/MAX 5 Star Realty

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on February 5, 2023

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