14 Assisted Living Dr - Assisted Livings FOR SALE


Spring Hill, FL 34608
$2,000,000 USD
14 Assisted Living Dr, Spring Hill, FL for Sale
$2,000,000 USD
Assisted Livings - FOR SALE
1/1
null | 12.22% Cap Rate

14 Assisted Living Dr
Spring Hill, FL 34608


HIGHLIGHTS

  • Newly constructed ALF built in 2021 with modern systems and low maintenance
  • Licensed for 14 beds with a planned expansion adding 8 additional beds
  • Currently 50% occupied with significant upside toward 90% market stabilization
  • 3,446 SF facility on a 20,000 SF lot near major roads and medical providers
  • Projected stabilized revenue of $968,136 and NOI of $634,097
  • Post-expansion revenue of $1,489,440 and NOI of $976,986 at 90% occupancy

OVERVIEW

This confidential offering presents a newly constructed, fully licensed Assisted Living and Memory Care Facility located in a strong and growing Central Florida submarket. The property features a modern layout, private resident accommodations, and a specialized care model that supports premium private-pay rates and long-term operational stability. The facility is currently operating below market occupancy due to its focused resident criteria, creating meaningful upside as it moves toward the area's typical stabilized level of 90 %. Based on current performance metrics, the property is projected to generate approximately $968,000 in gross annual revenue and $634,000 in NOI at stabilization, with a planned expansion further increasing revenue potential to approximately $1.49M in gross income and $977,000 in NOI at 90 percent occupancy. Full financial statements, rent roll, and property details will be provided upon receipt of a signed confidentiality agreement.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$520 USD /SF

CAP RATE

12.22%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

14-Bed Assisted Living Facility

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Assisted Living, Congregate Senior Housing, Skilled Nursing Facility

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

John DeMarcoRE/MAX 5 Star RealtyMore Info

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

John DeMarcoRE/MAX 5 Star RealtyMore Info

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