Opportunity to Develop of Memory Care Units, FL for sale

FLALF1A – Opportunity for a joint venture, a business partnership to develop multiple memory care offices in Florida

Our firm is satisfied to offer a chance for a joint endeavor business organization for the improvement of four shop, attendant Memory Care Assisted Living Facilities in the most wealthy networks of Southwest Florida. The private, best in class offices will comprise of two 36 unit, 40 bed offices, one 40 unit, 44 bed office, and one 44 unit, 48 bed office. Four project workers have finished offers, and the General Contractor will be chosen when the development drawings and records are finished.

For the value financial backer commitment, the vender offers 45% possession premium just as a 6% favored return paid on the exceptional value balance. Obligation has been planned at a 6% financing cost with a long term amortization, with the development time frame dependent on a 2-year, premium just smaller than usual perm advance.