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14 Assisted Living Dr - 14-Bed Assisted Living Facility 3,847 SF Health Care Building Offered at $2,766,780 CAD at a 12.22% Cap Rate in Spring Hill, FL 34608

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $2,766,780 CAD
Price Per Bed $197,627 CAD
Sale Type Investment or Owner User
Cap Rate 12.22%
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 0.46 AC
Building Size 3,847 SF
No. Beds 14
No. Stories 1
Year Built 2021
Parking Ratio 1.82/1,000 SF
  • Listing ID: 38491924

  • Date on Market: 2025-11-18

  • Last Updated:

  • Address: 14 Assisted Living Dr, Spring Hill, FL 34608

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