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12 E Grove Ave
Lake Wales, FL 33853

$6,100,000 USD

Assisted Living For Sale  •  25,666 SF

Property Details

  • Property Type Assisted Living
  • Total Building Size 25,666 SF
  • Lot Size 2.76 AC
  • Building Class B
  • Year Built 1998
  • Cap Rate 17.49 %
0 Transit Score
51 Walk Score

Highlights

Prime 51 Bed ALF in the Heart of Lake Wales, FL
Real Estate + Business are Included with the Sale
17% Cap Rate at Full Occupancy (Currently at 65%)
Rare and Desirable ALF License/Zoning as well as Generator Included
Full Staff and Management Team in Place

Property Flyers

Cap Rate: 17.49 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants
Elior Levi 954-743-7594 Fausto Commercial Realty Consultants