12 E Grove Ave | Lake Wales, FL 33853
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- LoopNet Team
12 E Grove Ave
Lake Wales, FL 33853
Prime 51 Bed ALF in the Heart of Lake Wales · Health Care Property For Sale
·
51 Beds
INVESTMENT HIGHLIGHTS
- Prime 51 Bed ALF in the Heart of Lake Wales, FL
- 17% Cap Rate at Full Occupancy (Currently at 65%)
- 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
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 51 |
| Property Subtype | Assisted Living | No. Stories | 1 |
| Building Class | B | Year Built | 1998 |
| Lot Size | 2.76 AC | Parking Ratio | 1.02/1,000 SF |
| Building Size | 25,666 SF | ||
| Zoning | R2 - Multifamily | ||
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 2.76 AC |
| Building Size | 25,666 SF |
| No. Beds | 51 |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | R2 - Multifamily |
AMENITIES
- Wheelchair Accessible
- Smoke Detector
- On-Site Security Staff
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| Beds Available | 51 |
PROPERTY TAXES
| Parcel Number | 27-30-11-000000-014030 | Improvements Assessment | $2,691,818 |
| Land Assessment | $270,468 | Total Assessment | $2,962,286 |
PROPERTY TAXES
Parcel Number
27-30-11-000000-014030
Land Assessment
$270,468
Improvements Assessment
$2,691,818
Total Assessment
$2,962,286
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