$1,500,000

0 Confidential Avenue

TAMPA FL, 33604

Description

Florida Commercial Group is pleased to offer a 150+ bed, Faith- Based, Transitional Rehab facility for Sale. Cap Rate as of December 2018 is 14.4%- A Phenomenal Investment- Business Included. The Organization/ Business that is being sold in this offering facilitates a Non- Profit, Multi- Unit Rehab Facility with a focus on Military Veterans, the homeless, aged- out teens, women and those with substance use disorder. This Organization has been operating since 2008 and is income producing with a tremendous turn- key opportunity. The Program focuses on Community involvement, rehabilitation and career training. This 2- Subject Portfolio features 11 properties; 17,364 SF (heated), 1.7 Acres and was designed to create Community- type Housing for its residents. The two Communities consist of the following: (4) 1- Story Duplexes, (1) 1- Story Duplex/ Kitchen/ Dining/ Check in Office Bldg., (2) 1- Story Dormitory Bldgs., (1) 1-Story Admin Office Bldg., (2) Small Single-Family Homes and (1) Vacant Land Parcel. The facilities are located in West Central Florida, in two areas of town that are experiencing tremendous Commercial and Residential revitalization, growth and new development. Both Subjects were appraised March 2019 and this listing is priced accordingly. Please call today for the complete package of details, Investment Highlights and financials.

Details

MLS#T3185478
StyleIndustrial
Sub-TypeResale
StatusActive
Year1979
Days On Site126

Features

SQ Feet17,364
Story(s)1

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Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33604
Area33604 - Tampa / Sulphur Springs
Listing VS Median (in 33604)
Price:
$1,500,000
low | high
Med:
$209,950
100% of Average
SqFt:
17,364
low | high
Med:
1,240
100% of Average
$ / SqFt:
$86
low | high
Med:
$171
47.881711285027% of Average
On Site:
126
low | high
Med:
31
100% of Average
Listing Updated: 11/11/2019
MLS Number: T3185478
Listing Provided By:
Tina Marie Eloian  of  FLORIDA COMMERCIAL GROUP

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