Incredible opportunity awaits a business minded buyer looking for a great return on investment! Current Cap Rate is 5.8. Potential for an 8.7% cap rate! This waterfront 5 bedroom 3 bathroom homes is ideally located. Peacefulness and tranquility abound as this property is nestled on a canal and access to the west of the home is prohibited. Has a cul de sac kind of feel. Just under 2,000 sq ft of living space with a split floor plan makes it a property suitable for its current use as an assisted living facility. Property has updated stainless steel appliances, hurricane shutters and piece of mind with a 4 year old roof. Fantastic for investors looking for a turn key investment. Current tenant would love to stay. Call for further details.
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