For Auction
Asset Snapshot
Offering Summary
Coldwell Banker Commercial NRT, along with RealINSIGHT Marketplace, have been exclusively retained to offer the opportunity for qualified investors to purchase the fee simple interest in Watermark of Gulf Breeze Assisted Living Facility (the “Property”), an 86-unit, Assisted Living Facility located in Gulf Breeze, Florida, (Pensacola MSA).
Situated just across the Bay from Pensacola, and just minutes from Pensacola Beach is Gulf Breeze, an affluent bedroom community, with the highest household income in metropolitan Pensacola. The City is ranked as a very safe place to live with low crime, by niche.com and crimegrade.org. The City is often recognized for its high quality of life. In 2021, Gulf Breeze ranked #1 as a place to live and the overall quality of life by the National Research Center’s National Community Survey.
Watermark of Gulf Breeze is a +/-63,582 SF one-story building on a +/-3.3-acre site, with 86 suites/rooms and 110 licensed beds, allowing for maximum functionality and affording residents freedom to move throughout the facility and its surrounding grounds. In addition, the site has 79 parking spaces.
Watermark is conveniently located within close proximity to advanced medical technology and experienced medical specialists often found in larger hospitals including Gulf Breeze Hospital, a Five-Star rated hospital and Andrews Institute.
Watermark of Gulf Breeze continues to exhibit strong performance by consistently increasing occupancy over the trailing months. This established community offers investors the ability to purchase an exceptional value-add property with opportunistic returns.
Due Diligence
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
