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Hollywood Beach Retirement

$3,995,000

1722 Madison St, Hollywood, FL 33020

Active
Last Updated: 03/18/2025

1952

Year Built

4

Parking Spots

Details:
Year Built:    1952
Parking Spots:    4
Highlights:
  • Documents Available: Financial Statement, Training Program
  • Cooling: Central Building A/C
  • Heating: Central Building A/C
  • Electric: 101-200 Amps, 110 Volts Power
  • Flooring: Tile
  • Construction Materials: CBS Construction
  • Parking Features: Other, On Street
  • Security Features: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Fence, Security System
  • Insurance Expense: 1300
Description:

Hollywood Beach Retirement Home – Assisted Living Facility for Sale in Hollywood, Florida
Asking Price: $3,995,000 million | Cap Rate: 12%

Key Features:
Generac generator for uninterrupted power supply
Impact windows for enhanced safety
Newly installed roof

With an impressive and attractive 10.56% cap rate, this facility promises solid and consistent returns. It houses more middle-aged long-term residents. Hollywood, known for its beautiful coastal environment, is a highly desirable location for retirees, making this investment an excellent opportunity in the assisted living market.

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