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Cape Coral ALF

$3,100,000

4614 Southwest 7th Place, Cape Coral, FL 33914

Active
Last Updated: 10/02/2024

3,705 sqft

Building Size

6

Units

Details:
Building Size:    3,705 sqft
Units:    6
Highlights:
  • Licensed 12-Bed Assisted Living Facility
  • Potential to expand to an additional 60 Beds!
  • Approved Plans/Shovel ready!
  • Perfect for an Investor or Owner-User
Description:

This fully operational facility features 12 licensed beds, with staff and care services already in place. The current building spans 3,705 SF on a 1.2-acre lot. There is also an opportunity for the buyer to develop a new facility on the adjacent lot, potentially adding up to 60 beds. The plans are approved and the site is shovel ready!

Plans for expansion include constructing a new facility with an additional 42 living spaces to accommodate additional residents, with completion anticipated in the first quarter of 2025. The existing staff will be retained to ensure a seamless transition, and the facility plans to hire up to 10 additional employees to support the growing community. Offering both private and semi-private rooms, the facility will provide various pricing options. The thoughtfully designed layout includes accessible community spaces for gatherings and activities, enriching the overall living experience.

This is an excellent investment opportunity in an ALF market with very limited inventory. Please refrain from disturbing the existing business.

Discover the vibrant potential of Cape Coral, FL, a prime location for office building investment. Surrounding the property, find an array of dining and retail options, along with convenient access to the Caloosahatchee River and its scenic waterfront vistas. With close proximity to Cape Harbour and Tarpon Point Marina, the area provides an ideal work-life balance for professionals, offering upscale dining, boutique shopping, and entertainment options. The site's strategic location offers easy access to major roadways and proximity to urban centers. This thriving community presents an exciting opportunity for office space investment in a dynamic and sought-after locale.

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