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$450,000 / 8br - 4532ft2 - FORMER ASSISTED LIVING FACILITY – HUDSON, FL (Hudson, FL)
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ASKING PRICE: $450,000
7632 Maryland Ave, Hudson, FL 34667
Rare value-add opportunity for investors, assisted-living operators, and group-home operators!
Formerly operated as Maryland Manor Assisted Living Facility, this approximately 4,532 SF block/stucco building offers an established history of senior-care use and substantial existing infrastructure.
PROPERTY FEATURES:
13 Bedrooms / 5 Bathrooms
Approximately 4,532 SF Under Air
Approximately 0.43 Acre Parcel
Block / Stucco Construction
Commercial Kitchen with Type I Grease Hood
Existing Fire Sprinkler Infrastructure
Commercial Fire Alarm History
Multiple Common Areas and Staff Spaces
3 Separate HVAC Systems
Large Parking Area
Historically Operated as an Assisted Living Facility
POTENTIAL 21–22 BED FACILITY
Seller represents the property historically accommodated approximately 21–22 beds.
If approved and licensed for 22 beds, potential gross revenue at full occupancy could be:
$3,000 per bed/month = $792,000 annually
$3,500 per bed/month = $924,000 annually
$4,000 per bed/month = $1,056,000 annually
These are hypothetical gross revenue scenarios, not actual or projected operating results. They exclude vacancy, staffing, insurance, food, licensing, maintenance, and all other operating expenses.
CONDITION:
Property needs substantial renovation and is being offered as a value-add opportunity. Existing infrastructure may offer significant advantages compared with converting a conventional building into a care facility.
THE OPPORTUNITY:
Acquire a former assisted living facility for just $450,000 and explore the potential to restore it to productive use.
Ideal for experienced assisted-living operators, group-home operators, or investors seeking a specialized commercial redevelopment opportunity.
ASKING PRICE: $450,000
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