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14 Assisted Living Dr
Spring Hill, FL 34608

$2,000,000 USD

Assisted Living For Sale  •  3,847 SF

Property Details

• Property Type Assisted Living
• Total Building Size 3,847 SF
• Lot Size 0.46 AC
• Building Class C
• Year Built 2021
• Cap Rate 12.22 %

0 Transit Score

41 Walk Score

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

Cap Rate:

12.22 %

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	7
Type:	Surface
Included in Rent:	Yes