ASSISTED LIVING FACILITY HIGH INCOME OPPORTUNITY

1138 ROSEMARY DR.

LARGO, FL 33770

ESTABLISHED ALF

HIGH INCOME OPPORTUNITY

LOCATED IDEALLY WITHIN

LARGO/BELLEAIR AREA

MINUTES TO MEDICAL CENTERS

CLOSE PROXIMITY TO SHOPPING

CENTERS

CAP RATE: 13.3%

SALE PRICE: $750,000

SI-1521

1744 N. Belcher Rd., Clearwater, FL 33765 ■ Telephone 727-441-1951 ■ Fax 727-449-1724 www.kleinandheuchan.com

FOR SALE

ADDRESS: 1138 Rosemary Dr. LOCATION: Located south of West Bay Dr., just.

Largo, FL 33770 east of Indian Rocks Rd.

LAND AREA: 10,515 SF MOL ZONING: R-2 – Pinellas County, unincorporated DIMENSIONS: 80’ X 131’ LAND USE: RL

FLOOD ZONE: X – No Flood Insurance Required

IMPROVEMENTS: 3,252 SF LEGAL DESCRIPTION: Oakdale Manor Add Blk

YEAR BUILT: 1974 4, Lot 5. UTILITIES: Electric – Duke Energy

PARKING: 4 spaces Water & Sewer – Pinellas County Utilities Trash - Private

PRESENT USE: Assisted Living Facility TAXES: $4,189 (2018) PARCEL ID #: 05-30-15-62334-004-0050

MORTGAGE HOLDER: N/A TRAFFIC COUNT: 17,548 VPD

SALE PRICE: $750,000 TERMS: Cash

NOTES: Bed and Breakfast style assisted living facility catering to memory care clients. Closed Unit. Licensed for 10. Centrally located common areas for residents in a at home-like

atmosphere. High income generator. Financial details available with signed Non-Disclosure

Agreement.

KEY HOOK #: None ASSOCIATE: Michael Monteclaro K&H SIGNAGE: None LISTING CODE: SI-1521-3-02

SHOWING INFORMATION: Must call listing agent to set appointment, listing agent must

accompany all showings. Do not disturb Residents.

SI-1521 PROPERTY OVERVIEW Rev. 10/15/19

The information contained herein was gathered from sources believed reliable; however, Klein & Heuchan, Inc., or its agent, cannot be responsible for errors, omissions, changes, withdrawal, or prior sale.