Are you ready to step into a lucrative investment opportunity in the heart of Venice, Florida? Look no further! I am delighted to present to you an exceptional 8-bed Assisted Living Facility that's now available for sale. This fully operating facility boasts a prime location, incredible amenities, and a turnkey business model that's ready for you to take the reins. Property Details: 6 spacious bedrooms, 3 well-appointed bathrooms, Modernized and recently remodeled interior, Windows, Flooring, Kitchen, Appliances, Solar Panels, Generator, all recently updated. State-of-the-art sprinkler system for enhanced safety, Backup generator to ensure uninterrupted service, Fully staffed and trained team in place, Current residents in occupancy, generating steady income. Business Opportunity! This Assisted Living Facility is not just a property; it's a thriving business with an established reputation in the community. With a full staff and residents already in place, you can start earning from day one. The facility has a strong track record of providing compassionate care and is fully compliant with all local and state regulations. Investment Benefits! This venture offers numerous advantages: Steady and reliable income stream from existing residents, Increasing demand for assisted living services in the area, Fantastic opportunity for growth and expansion, Venice, Florida, is a sought-after location with a growing senior population, Turnkey operation, making it easy for you to transition into ownership. Venice, Florida, is known for its picturesque beaches, cultural amenities, and a welcoming community. The Venice area has a rising senior population, creating a strong demand for high-quality assisted living facilities. Don't miss this chance to invest in an established, income-generating Assisted Living Facility in Venice, Florida. Opportunities like this are rare and highly sought after. Act now to secure your future in the booming senior care industry and enjoy the laid-back Florida lifestyle in Venice. This is an investment you won't want to let slip away! **** Please do not approach facility, Do not disturb the staff and residents, by appointment only****
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $415 | $415 | $415 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,258 | $4,254 | $5,488 |
Total Monthly Payment | $4,765 | $4,761 | $5,995 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.