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Gelfand Realty Miami Properties - Income/MultiFamily

VILLA VW, PLANTATION, FL 33324

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Income/MultiFamily -

VILLA VW, PLANTATION, FL 33324

Date Sold 05-30-2025

Sold Price$975,000 Asking Price$4,200,000

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  • Days on market:

    147 day(s)

  • Original Price:

    $4,200,000

  • Tax Legal Description:

    PLANTATION HILLS 1 SEC 78-41 B LOT 7 BLK 2

  • Property Type:

    Income/MultiFamily

  • HOPA:

    Yes

  • Special Listing Conditions:

    Sale

Description

$4,200,000

Fully licensed and operational assisted living facility (alf) portfolio comprising three facilities with a total of 25 licensed beds, located in the desirable south florida markets of pompano beach, plantation and coral springs. the portfolio generates a total actual gross operating income (goi) of $864,769 and a net operating income (noi) of $149,061, with potential for significant future growth.with the potential to adjust bed rates, investors could achieve a projected goi of $1,324,800 and an noi of $548,761.41, offering an impressive projected cap rate of 13.1%.
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