$590,000
$599,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
2,145 SqFt
SOLD DATE : 05/20/2022
Key Details
Sold Price $590,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 2,145 sqft
Price per Sqft $275
MLS Listing ID V4919435
Sold Date 05/20/22
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1958
Annual Tax Amount $3,916
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 100x
Property Description
Beautifully maintained Assisted Living Facility in the heart of DeLand. Same owner/operator for over 30 years with an impeccable reputation for care. There are 7 patient rooms and 10 beds. 10 year old roof, Full house propane gas generator with 500 gallon tank and service contract. Hurricane shutters were recently installed and there is an up-to-date alarm system.. The AC and windows are relatively new and in excellent condition. The care of residents has a reputation that is unmatched for quality. The facility sits on a half acre property. Plenty of parking on the recently added concrete paving beside and behind the facility. There is an atmosphere of harmony and interaction with daily activities that are provided for residents. The newly constructed screened porch allows residents to enjoy the outdoors when desired. There is also outdoor sitting for residents if desire. There is an abundance of shopping and restaurants all around the facility. Of course, being in downtown Deland is a definite plus as it reflects much of Old Florida and is very close to Stetson University which offers another venue of entertainment with their growing presence in college baseball and football. There are several excellent hospitals within a short distance of the facility.
This property CANNOT be seen without an appointment. Please contact "Bo" Bofamy, Broker Associate with eXp Realty.
Four years of full financials available with proof-of-funds and an LOI. Excellent cash flow !! 6.7 CAP
Owner will consider financing with adequate down payment.
Location
State FL
County Volusia
Zoning MULTI USE
Interior
Cooling Central Air
Flooring Carpet, Ceramic Tile
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Utilities Available BB/HS Internet Capable, Electricity Available, Emergency Power, Phone Available, Public, Water Connected
Roof Type Shingle
Building
Lot Description Central Business District
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with TOWN AND COUNTRY REALTY
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