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1125 Strong Rd
Quincy, FL 32351
Magnolia House · Health Care Property For Sale · 39 Beds

INVESTMENT HIGHLIGHTS

  • Vacant 39-unit assisted living community with late 90s vintage, complimented by a full suite of resident amenities.
  • Consists of two distinct room layouts, including 34 studio units and five one-bedroom units, each with a private bath.
  • Adjacent to DaVita Quincy Dialysis and several esteemed local doctor’s offices, creating an opportunity for referral synergies.
  • Institutionally maintained with +$300,000 in routine maintenance & capital expenditures in the past seven years.
  • Prime location adjacent to HCA Florida Gadsden Hospital and Riverchase Health & Rehab Center, a large 120-bed skilled nursing facility.
  • Located less than fifteen minutes from Downtown Tallahassee via Interstate 10.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 5.72 AC
Building Size 33,787 SF
No. Beds 39
No. Stories 1
Year Built 1998
Tenancy Single
Parking Ratio 0.73/1,000 SF
Zoning Muni (RETIREMENT)
Parcel Number 3-17-2N-3W-0000-00421-0000
  • Listing ID: 27232349

  • Date on Market: 12/2/2022

  • Last Updated:

  • Address: 1125 Strong Rd, Quincy, FL 32351

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