STR Coffee Break June 19, 2023

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Largo, FL

Price Improvement!! This well established, centrally located Pinellas County home consists of 6 bedrooms, and 4 bathrooms. It sits on just under a quarter acre, corner lot in a quiet Largo neighborhood. Walking distance to Largo Sports Complex and Largo Central Park. Close to local grocery stores, supply stores, rehabilitation centers and hospitals. This home had been used as an assisted living facility so it's equipped with an overhead sprinkler system throughout the home. You can choose to run a facility, group home, or simply make it your primary residence. The possibilities are endless.

• $498,800

• 6 Bedrooms

• Average Daily Rate: $591

• Expected occupancy rate: 47%

• Monthly expected income: $8,449

• Monthly expected expenses: $5,510

• Monthly expected cash flow: $2,939

• Expected cash on cash return: 18.23%

• Property Value in 10 Years $796,870  

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