This property is Off-Market

1563 Oxbow Drive
Labelle, FL 33935 ·

47 Beds · Senior Housing For Sale

N/A

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Port LaBelle Inn and Oxbow Grill

Price N/A Commission Split 2.5%
No. Beds 47 No. Stories 3
Property Type Senior Housing Year Built 1981
Property Sub-type
Assisted Living Residences
More...
  • Full Service
  • Congregate Senior Housing
  • Religious Facility
Lot Size 8.40 AC
Property Use Type Investment
Listing ID: 17959825 Date Created: 12/26/2012 Last Updated: 03/06/2014

Description

Beautiful, renovated hotel. Purchase for 10% of reconstruction cost!! Pool, exercise room, banquet hall, meeting rooms, tennis courts, and upscale restaurant with a large institutional kitchen. New roof, very clean/neat. Perfect to either flag or needs marketing help. Wonderful and easy for a conversion to an ALF or Congregate Care facility. County is supportive of the idea. Central courtyard. Short walk to marina and overlooking a golf course due to be redeveloped.

Quiet serene setting set back from the major road. La Belle, FL is a safe small town with appeal. Growth is on the way! Edison College expansion, new sports complex, FPL expansion creating 700 jobs, airport expansion, widening of highways, over $1.5 billion in new commercial projects scheduled.

Highlights

  • Modern, new roof, clean
  • Many on-site amenities
  • Purchase for 10% of replacement cost
  • Growing community
  • Hotel needs marketing
  • Perfect for Senior Care Facility

Research

1563 Oxbow Drive, Labelle, FL 33935 (Hendry County)

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