Property Description
Presenting a rare opportunity to acquire a turnkey, licensed assisted living and memory care campus in Tampa, situated on 8 acres. This 132,393 SF senior housing community offers immediate scale, operating income, and significant upside in one of Tampa’s strongest healthcare corridors.
The property is currently operating with 164 beds and 82.3% occupancy, with renovation underway to expand capacity to 190 licensed beds. Once complete, the added 26 beds are projected to generate substantial new revenue, creating a compelling value-add story for investors and operators alike.
This offering includes the real estate, active operating business, existing resident base, FF&E, trade name, and business goodwill—delivering true day-one continuity. Financial performance has shown strong momentum, with NOI rising sharply from 2024 through 2026 annualized results.
Positioned near multiple hospitals and major interstate access, this location benefits from durable demand drivers, below-market rental rates, and pricing below appraised stabilized value.
Investment highlights
- 135 residents in place at closing — $399,000+/month in current revenue — no lease-up risk
- 8-acre campus in Tampa's strongest healthcare corridor
- Within 1 mile of a major VA hospital and near two large hospital systems — structural referral base
- Turnkey acquisition — real estate, active ALF/MC license, operating business, staff, and goodwill transfer at closing
- NOI grew nearly 8x from 2024 to 2025 — continuing upward in 2026
- Licensed campus eliminates years of new construction and regulatory approval
Overview
Property Features & Amenities
Interior
Exterior
Details
Financial
Exclusive Listing Agents