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2366 Old Springville Rd
Birmingham, AL 35215
Senior Housing Near I-59 and Top Amenities · Health Care Property For Sale · 79 Beds

INVESTMENT HIGHLIGHTS

  • Turnkey assisted living community includes 68 units and 79 beds with all FF&E, fully equipped for senior housing operations.
  • 5.22-acre lot featuring lush landscaping, a scenic courtyard with walking paths, and 28 on-site parking spaces.
  • Local healthcare market is undersupplied by 160 assisted living beds, with no new developments planned in the near term.
  • Interior renovations to rooms and common areas are needed, providing a strong value-add opportunity to increase rental income.
  • Positioned along a high-traffic corridor, the property enjoys 10,000+ daily impressions and convenient highway accessibility.
  • Nearly 30% of the 206,000 residents within 10 miles are 55+, with $105M spent on healthcare in 2024 alone.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 4.72 AC
Building Size 43,451 SF
No. Beds 79
No. Stories 1
Year Built 2000
Parking Ratio 0.96/1,000 SF
Zoning INST2
Parcel Number 12-00-09-3-000-042.000
  • Listing ID: 35742562

  • Date on Market: 5/5/2025

  • Last Updated:

  • Address: 2366 Old Springville Rd, Birmingham, AL 35215

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