💎13-Bed / 5-Bath Former ALF (Historical 22-Bed Capacity) | $1M+ Gross Revenue Upside | Asking $470,000 💎

MASSIVE VALUE-ADD OPPORTUNITY: FORMER 22-BED ASSISTED LIVING FACILITY IN HUDSON, FL

Address: 7632 Maryland Ave, Hudson, FL 34667 Asking Price: $470,000 (Under $100/SF!) Property Type: Former Assisted Living Facility (ALF) / Nursing Home / Group Home Specs: 13 Beds | 5 Baths | ~4,532 SF Under Air | ~0.43 Acre Lot | Block/Stucco Construction

THE BIG PICTURE: $1,000,000+ GROSS REVENUE POTENTIAL

This is far bigger than simply renovating and reselling a commercial building. Formerly operating as Maryland Manor Assisted Living Facility, this property has a longstanding history of senior-care and group-home use, historically accommodating 21-22 beds (per seller).

For the right operator or commercial investor, you aren't just buying a 4,532 SF concrete block building-you are acquiring the shell and expensive commercial infrastructure capable of becoming a seven-figure income-producing senior-care business with a stabilized valuation potential well into the $2,000,000 to $3,000,000+ range.

Multiple High-Yield Exit Strategies

• Re-license and operate as a 22-Bed Assisted Living Facility (ALF)
• Sober Living / Transitional Housing / Behavioral Health Facility
• Veterans Group Home or Adult Family Care Home
• High-Density Co-Living / PadSplit Conversion
• R-4 High Density Residential Redevelopment / Multifamily
• POTENTIAL 22-BED REVENUE & VALUATION UPSIDE
• If the property is renovated, re-licensed, and operated at its historical 22-bed capacity, the gross revenue potential becomes substantial. Current assisted-living rates in the Hudson market often exceed these baselines depending on room type, care level, and services:

At 100% Occupancy (22 Beds)

• $3,000/month × 22 beds = $792,000 / year gross
• $3,500/month × 22 beds = $924,000 / year gross
• $4,000/month × 22 beds = $1,056,000 / year gross

Stabilized End-Value Perspective: A stabilized facility producing ~$1.05M annually and operating at a 25%-30% operating margin can potentially generate $260,000-$315,000+ annually in Net Operating Income (NOI). Because an end-buyer is purchasing a cash-flowing business alongside the real estate, that income stream can support a stabilized valuation well into the $2M+ to $3M+ range under strong operating performance.

(Note: Figures are provided solely as examples of potential operating economics and are not guarantees of revenue, profitability, licensing, occupancy, or future value.)

• EXISTING COMMERCIAL INFRASTRUCTURE
• Much of what an operator would otherwise spend hundreds of thousands of dollars and months of permitting to build from scratch is already in place:
• 13 Bedrooms & 5 Bathrooms
• Commercial Kitchen for resident meal prep w/ large commercial exhaust / Type I Grease Hood
• Fire Sprinkler Infrastructure & Commercial Fire Alarm History
• Dedicated Employee / Staff Areas & Multiple Resident Common Areas
• 3 Separate Split-System HVAC Systems
• Solid Block / Stucco Construction on a ~0.43 Acre Parcel
• Ceramic Tile throughout much of the facility
• Large On-Site Parking Lot
• Favorable Zoning: Classified in county records as a Nursing Home; parcel is zoned R-4 High Density Residential
• CURRENT CONDITION & RENOVATION SCOPE
• The facility has been neglected for several years and needs a full renovation, which is heavily priced into the $470,000 ($99/SF) asking price. Substantial infrastructure remains in place to build upon:

Exterior: Broken windows, exterior overgrowth/tree work, soffit repairs, landscaping, and backyard cleanup.

Interior: General interior renovation, kitchen restoration, and bathroom updates. Much of the existing ceramic tile appears reusable after cleaning, and additional flooring material is already on site.

Mechanicals: Electrical upgrades needed (including replacement of a Sylvania panel) and full evaluation/servicing of the 3 HVAC systems (one inspected unit has a 2016 manufacture date; ages and operation of all units have not yet been fully verified).

• LOCK THIS DEAL IN TODAY

Opportunities to acquire a 4,532 SF former ALF with fire sprinklers and a commercial kitchen hood at this price basis are rare in Pasco County.