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🏢 Just listed — Hospitality for sale in Bradenton, FL.

📍 5700 24th St E, Bradenton, FL
🏷  Hospitality · For Sale
💰 $5.55M

ALF / Residential Treatment Facility

<ul><li><span style="color: rgba(0, 7, 89, 1)">Zoning: PD-R, Permitted uses include residential treatment (psychiatric, drug rehabilitation or assisted living facility)</span></li><li><span style="color: rgba(0, 7, 89, 1)">Traffic count: 37

Full financials, photos, and broker contact:
https://commrty.com/property/florida/bradenton/alf-residential-treatment-facility-2458922-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=alf-residential-treatment-facility-2458922

#Bradenton #Hospitality #CommercialRealEstate #CRE #Investment

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Home/FL/Bradenton

5700 24th St E

Bradenton, FL 34203

Asking Price

$5.55M

Asset Type

Hospitality

Class

Class B

What's Special

ALF / Residential Treatment Facility <ul><li>Zoning: PD-R, Permitted uses include residential treatment (psychiatric, drug rehabilitation or assisted living facility)</li><li>Traffic count: 37,500 AADT on 53rd Ave E.</li><li>Utilities: municipal services available on the property</li><li>APN/parcel ID: 18469-0005-6</li><li><span style="color: rgb

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

1.44%

DSCR

0.24

Underwater

Cash-on-Cash

-14.99%

Monthly Payment

$27,458.372

Annual Cash Flow

$-249,500.462

Location & Travel Times

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Class B | Hotel

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Listed by Owner · For Sale