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13031 Partridge St 3,847 SF Health Care Building Offered at $1,799,000 in Spring Hill, FL 34608
Investment Highlights
- Turn Key Facility
- Seller Finacing available for qualified buyer
Executive Summary
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 Facts
Amenities
- Controlled Access
- Wheelchair Accessible
- Smoke Detector
- On-Site Security Staff
- Backup Power / Generators
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R32-323-17-5200-1363-0130 | Improvements Assessment | $464,341 |
| Land Assessment | $77,000 | Total Assessment | $541,341 |
Property Taxes
Parcel Number
R32-323-17-5200-1363-0130
Land Assessment
$77,000
Improvements Assessment
$464,341
Total Assessment
$541,341
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13031 Partridge St
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