Carla Ross
Relocation Director
  • Please Call For Address, Spring Hill, FL 34608 Main Photo

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Description

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.

Property Highlights

Property Type: Commercial -
Cooling: Central Air
Lot Size: 0.46 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,433
Year Built: 2021

General Information

County: Hernando
Subdivision: SPRING HILL
Listed By:
Mitchell Eckley COLDWELL BANKER REALTY 813-286-6563

Property Features

Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing, Owner Financing
Lot Dimensions: 0.46
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Sale Includes: Building(s) and Land, Furniture/Fixtures
Showing Instructions: Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, See Remarks
Special Sale Provisions: None
Water Access Y/N: No
$1,799,000
New to the Market Active
BEDS0 BATHS SQUARE FEET3,446 MLS#TB8505564
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONSPRING HILL

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Please Call For Address, Spring Hill, FL 34608.

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