13031 Partridge St - Assisted Livings FOR SALE


Spring Hill, FL 34608
$1,799,000 USD
813-748-8102
13031 Partridge St, Spring Hill, FL for Sale
$1,799,000 USD
Assisted Livings - FOR SALE
1/51
null | Request Cap Rate

NEW


13031 Partridge St
Spring Hill, FL 34608


HIGHLIGHTS

  • Turn Key Facility
  • Seller Finacing available for qualified buyer

OVERVIEW

This confidential offering presents a high-upside investment opportunity: a newly constructed (2021) Assisted Living and Memory Care Facility located in a rapidly growing Central Florida submarket. Situated on two parcels totaling approximately 20,000 square feet, the property offers excellent accessibility near major roadways and established medical providers—key drivers for sustained demand and referral flow. The facility is currently operating at approximately 60% occupancy, well below the market’s stabilized average, creating a clear and immediate value-add opportunity through lease-up. The existing care model supports both private-pay and Medicaid residents, allowing for diversified revenue streams and consistent occupancy demand. The property is currently licensed for 10 residents, with the ability to increase capacity to 14 residents within the existing footprint. In addition, a zoning determination letter confirms the potential to expand up to 16 residents, presenting a scalable growth strategy for increased revenue and NOI. With modern construction, below-market occupancy, and confirmed expansion potential, this asset is ideally positioned for an operator or investor seeking to drive NOI through operational improvements, census growth, and future development. Seller financing is available, offering additional flexibility for qualified buyers. Detailed financials, licensing documentation, and expansion information will be made available upon execution of a confidentiality disclosure.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$468 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Continuing Care Retirement Com

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,087 SF

ZONING

-

APN/PARCEL ID

R32-323-17-5200-1363-0130

ASK ABOUT THIS PROPERTY

Mitchell EckleyColdwell BankerMore Info
813-748-8102

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Mitchell EckleyColdwell BankerMore Info
813-748-8102

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.