120 State Market Rd | Pahokee, FL 33476
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120 State Market Rd
Pahokee, FL 33476
Zinnia Health Inpatient Detox | 12 Yr | 8.25% · Health Care Property For Sale
·
44 Beds
INVESTMENT HIGHLIGHTS
- SPECIAL USE FACILITY- Substance abuse and mental health rehabilitation centers are uniquely designed facilities that cater to a critical societal need
- NEW HOUSING REDEVELOPMENT - The Everglades Townhomes is a 200 unit, affordable housing development that is nearing completion in Pahokee
- FAVORABLE RETURN - Over the remaining base term this asset provides an average cap rate of 9.91% and rental income totaling 125% of list price
- INCOME TAX FREE STATE - Investors have the opportunity to achieve completely passive income from the absolute NNN leases included with this asset
- PART OF PORTFOLIO - This location is part of a portfolio of Zinnia Health Properties with another located in South Bend, IN. See OM for more info
- EXEMPLARY LOCATION - Lake Okeechobee is a prime location for inpatient rehabilitation, utilizing its natural surroundings and calming environment
PROPERTY FACTS
| Property Type | Health Care | Building Size | 15,750 SF |
| Property Subtype | No. Beds | 44 | |
| Building Class | C | No. Stories | 1 |
| Lot Size | 0.85 AC | Year Built/Renovated | 1967/2010 |
| Zoning | I-48 Pahokee | ||
| Property Type | Health Care |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.85 AC |
| Building Size | 15,750 SF |
| No. Beds | 44 |
| No. Stories | 1 |
| Year Built/Renovated | 1967/2010 |
| Zoning | I-48 Pahokee |
PROPERTY TAXES
| Parcel Number | 48-37-42-17-06-000-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $969,397 |
PROPERTY TAXES
Parcel Number
48-37-42-17-06-000-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$969,397
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