4616 SW 7th PL Active Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33914
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224079000
Year Built 2002
Annual Tax Amount $7,061
Tax Year 2023
Lot Size 0.920 Acres
Property Description
This fully operational facility features 12 licensed beds, with staff and care services already in place. The current building spans 3,705 SF on a .92-acre lot. There is also an opportunity for the buyer to develop a new facility on the adjacent lot, potentially adding up to 60 beds. Plans for expansion include constructing a new facility with an additional 42 living spaces to accommodate additional residents, with completion anticipated in the first quarter of 2025. The existing staff will be retained to ensure a seamless transition, and the facility plans to hire up to 10 additional employees to support the growing community. Offering both private and semi-private rooms, the facility will provide various pricing options. The thoughtfully designed layout includes accessible community spaces for gatherings and activities, enriching the overall living experience. This expansion aligns with Cape West Assisted Living Facility's mission to provide high-quality senior living solutions and positions it for sustainable growth. This is an excellent investment opportunity in an ALF market with very limited inventory. Please refrain from disturbing the existing business; all showings are by appointment only. Additional lot to the north is included in the sale 4602 SW 7th Pl.
Location
State FL
County Lee
Area Cc21 - Cape Coral Unit 3,30,44,6
Exterior
Waterfront No
Waterfront Description None
Building
Story 1