21 bed Doreens (3217 Broadway, West Palm Beach, 33407) $18,000 monthly incomeI have 2 Assisted Living Facilities for Sale. Buy both and lets make a deal The average monthly income per resident is $950. This can be raised significantly (doubled) when "divergence" residents are attained. Divergence are individuals over the age of 65. Government pays about $1000 more per "divergence" person. The average operational cost is about 80%, debt service included. Without debt service operational cost about 60% of current income. Current cash flow is about $4,000 per month for each facility.
Off market
$963,700
3217 Broadway, West Palm Beach, FL 33407
--beds
15baths
3,500sqft
SingleFamily
Built in 1964
-- sqft lot
$963,700 Zestimate®
$275/sqft
$2,561 Estimated rent
What's special
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$963,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$963,700