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Located in the City of Lauderhill, Broward County, FL , this 184 unit low rise Condo Development was in major disrepair. Our team came in, took over management of the association, and completed repairs to over 100 units. At the start of the project, the units were purchased for $50,000, by the end of the project, less than 8 months later, our team was able to obtain sales prices of $150,000 per unit, bringing in substantial profits to our firm.
Various locations throughout Florida
The Company is capitalizing on the growing Assisted Living market in Florida. There is a specific need for quality Facilities and Assisted Semi-Independent Facilities due to the aging population. Increasing Revenue and Decreasing Expenses while maintaining a high quality of care for our residents are the goals of operating the facility.
Please check with us for information on upcoming deals. We're always looking for new properties.
Melwood Investments LLC
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