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Overview

Property ID: HZTB8505564
  • Mixed Use, Commercial Sale
  • Property Type
  • 3446
  • Sqft
  • 2021
  • Year Built

Description

Under contract-accepting backup offers. 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.

  • City Spring Hill
  • State/county FL
  • Zip/Postal Code 34608
  • Area SPRING HILL
  • Country US

Details

Updated on September 10, 2026 at 3:19 pm
  • Property ID: HZTB8505564
  • Price: $1,799,000
  • Property Size: 3446 Sqft
  • Land Area: 0.46 Acres
  • Year Built: 2021
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active Under Contract, For Sale

Additional details

  • Listing Terms: Cash, Commercial Financing, Owner Financing
  • Roof: Shingle
  • Cooling: Central Air
  • County: Hernando
  • Property Type: Commercial Sale

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