120 North ST Deland, FL 32720

Beautifully maintained Assisted Living Facility in the heart of DeLand. Pro Forma Cap 6.7. 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 at 386 795 7060. Four years of full financials available with proof-of-funds and an LOI. Excellent cash flow !! Owner will consider financing with acceptable terms. Pro Forma Cap Rate 6.7