$1.7m in Funding to acquire 3 ALFs in Florida
January 16, 2024
by a searcher from Goldey-Beacom College in Orlando, FL, USA
The deal consist of 3 ALF entities with a total of 75 beds. We are looking to close the deal quickly, which makes using SBA a bit tricky. Preferably, we would like to work with a lender that we can ultimately establish a good relationship with as our portfolio and deal size grow over the next few years.
Details of the Deal
Purchase Price of the business: $1.7M
Purchase option on the real estate: $2.3M
I am happy to share more details with interested parties.
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA