Property Description: This 114-bed Assisted Living Facility located in East Hollywood, Florida consists of 26,152 SF and is well situated on a large 62,132 SF lot. Pride of ownership is evident throughout this beautiful and well maintained property. This facility is in full compliance with AHCA, the city of Hollywood, and the county health department and has been successfully operating since 1992. Located less than 2 miles from Hollywood beach, it’s situated in a upper middle income residential neighborhood. Hollywood is considered by many experts to have one of the fastest growing aging populations in the United States and an excellent demographic for senior housing. Zoning here no longer permits new ALF’s from opening, making this a coveted property. This facility also boasts very high occupancy as evident by this facilities 99% occupancy rate.
Address: 1222 North 16th Avenue, Hollywood, FL 33020
Agent: John DeMarco, CCIM
Sale Price: $12,150,000
Property Type: Assisted Living
SF: 26,152 SF
Congratulations to The DeMarco Real Estate Group!
