USD 450,000

134 W 59th St
Hialeah, Florida 33012

Beds
Baths 0

Property Description

This property has a current license for 6 ALF beds, with an average market bed rate going for $2,200/month with an additional efficiency that can be easily rented out for additional income. Centrally located in West Hialeah. The facility currently serves 6 stable long-term residents. Highest and best use: ALF (Assisted Living Facility), Adult Family Care Homes, Group Home Facilities, or Residential Rehabilitation Center. Huge potential to increase rental income and generate $13,200+/month. Brand new generator less than 2 years old. Amazing opportunity to serve the community while earning a huge cap rate and return. Occupancy Rate almost 100%. = SOLD AS IS.

Listed by Miami Waterfront Realty

Property Details

ID #
A10864163
Status
Sale
Type
Business Opportunity, Commercial
Zip Code
33012
Year Built
1954
Parking Spaces
4
Building Feature
Air Conditioning, Security system, Smoke alarms
Ground Feature
Fenced
Construction
CBS Construction
Electric Service
110 Volts Power
Floor
Ceramic Floor, Tile Floors
Location
City Location
Miscellaneous
Automobile Traffic
Occupancy
Tenant Occupied
Parking
Common Parking
Road Frontage
City Road
Road Type
Two Lane
Zoning Information
0100

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