120 State Market Rd - Zinnia Health Inpatient Detox | 12 Yr | 8.25% 15,750 SF Health Care Building Offered at $6,011,770 at a 8.25% Cap Rate in Pahokee, FL 33476

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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

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)

PROPERTY FACTS

Price	$6,011,770
Price Per Bed	$136,631
Sale Type	Investment
Cap Rate	8.25%
Property Type	Health Care
Property Subtype	Rehabilitation Center Healthcare Assisted Living Healthcare Hospital Healthcare Skilled Nursing Facility
Building Class	C
Lot Size	0.85 AC
Building Size	15,750 SF
No. Beds	44
No. Stories	1
Year Built/Renovated	1967/2010
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-48 Pahokee