This profitable Assisted Living Facility, established in 2019, is centrally located in the heart of Palm Beach. The property is licensed for 5 residents and is already zoned for its current use, making it a turnkey opportunity. It features a sprinkler system, a fire alarm system that has been installed and passed inspection, with a propane tank on-site to ensure uninterrupted operations.
The facility is currently home to long-term residents, generating consistent income. Owner to provide training.
This is an exceptional investment opportunity in a prime location with all the necessary infrastructure in place for immediate operation.
Property Available for Long term Lease at starting $ 3800
5 Bed ALF Confidential, West Palm Beach, FL, 33406
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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