SPRING HILL, SPRING HILL, FL, 34608
$1,799,000
Commercial Sale
Living Area
3,327 Sqft
Lot Size
20,000 Sqft
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 Details
Property Features Property Features
MLS ID: MFRTB8505564 Year Built: 2021
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Hernando
Foundation Details: Slab Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Commercial Financing, Owner Financing Possession: Close Of Escrow
Property Condition: Completed Property Sub Type: Mixed Use
Property Type: Commercial Sale Road Frontage Type: City Street
Road Responsibility: Public Maintained Road Road Surface Type: Asphalt
Roof: Shingle Showing Requirements: Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL
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