85-Bed Assisted Living Facility in Saint Lucie County!
Business Description
This newly constructed 85-bed assisted living and memory care facility represents a premier investment opportunity in Saint Lucie County, Florida's rapidly growing senior care market. Built in 2024, the state-of-the-art facility spans 12,844 square feet on a 1.4-acre lot with 22 parking spaces, featuring 42 modern units designed for optimal resident comfort and care.
The facility boasts thoughtfully designed amenities including spacious resident rooms, activity areas, dining hall, library, and theatre room, all crafted to foster community engagement and resident well-being. Currently operating at 34% occupancy with steady growth momentum, the property demonstrates strong lease-up potential in a market characterized by high demand and limited competition.
Financial Performance & Projections:
• Current annual revenue: $1,208,802
• Current projected NOI: $864,000 (6.86% cap rate)
• Stabilized projections at 90% occupancy: $3.8M gross income, $3.4M net income
• Projected stabilized cap rate: 27%
Market Advantages:
• Located in one of Florida's fastest-growing regions serving expanding senior population
• High barriers to entry with competing facilities maintaining strong occupancy
• Limited local competition creates favorable market positioning
• Proximity to healthcare providers, hospitals, and senior resources
The turn-key operation includes all furniture, fixtures, and equipment necessary for continued operations. Experienced staff may remain post-closing to ensure seamless operational continuity. Real estate and inventory are included in the sale price.
This represents a rare opportunity to acquire a modern, professionally designed facility positioned for significant growth in Florida's thriving senior care sector. The combination of new construction quality, strategic location, and substantial upside potential makes this an exceptional investment opportunity for experienced operators or investors seeking entry into the assisted living market.
The facility boasts thoughtfully designed amenities including spacious resident rooms, activity areas, dining hall, library, and theatre room, all crafted to foster community engagement and resident well-being. Currently operating at 34% occupancy with steady growth momentum, the property demonstrates strong lease-up potential in a market characterized by high demand and limited competition.
Financial Performance & Projections:
• Current annual revenue: $1,208,802
• Current projected NOI: $864,000 (6.86% cap rate)
• Stabilized projections at 90% occupancy: $3.8M gross income, $3.4M net income
• Projected stabilized cap rate: 27%
Market Advantages:
• Located in one of Florida's fastest-growing regions serving expanding senior population
• High barriers to entry with competing facilities maintaining strong occupancy
• Limited local competition creates favorable market positioning
• Proximity to healthcare providers, hospitals, and senior resources
The turn-key operation includes all furniture, fixtures, and equipment necessary for continued operations. Experienced staff may remain post-closing to ensure seamless operational continuity. Real estate and inventory are included in the sale price.
This represents a rare opportunity to acquire a modern, professionally designed facility positioned for significant growth in Florida's thriving senior care sector. The combination of new construction quality, strategic location, and substantial upside potential makes this an exceptional investment opportunity for experienced operators or investors seeking entry into the assisted living market.
About the Business
- Years in Operation
- 1
- Employees
- 8 (8 Full-time)
- Facilities & Assets
- Newly constructed 85-bed assisted living and memory care facility built in 2024. Features 42 units totaling over 12,000 SF on a 1.4-acre lot with 22 parking spaces. Includes modern resident rooms, activity areas, dining spaces, a commercial kitchen, and dedicated memory care accommodations designed for comfort, safety, and efficiency.
- Opportunities for Growth
- Occupancy is steadily increasing with significant upside remaining. Once stabilized at 90% occupancy, the facility is projected to generate $3.8M in gross income and $3.4M in net income, offering a 27% projected cap rate. Expansion potential exists through enhanced marketing, partnerships, and specialized memory care programs.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 12,844
Listing Info
- ID
- 2428313
- Listing Views
Listing ID: 2428313 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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