For Sale
$5,200

7364 Lagoon RdSpring Hill, FL 34606

Six-bed ALF, great location, needs TLC

Overview

Added:
Dec 11, 2024
Days on market:
114
This Spring Hill, Florida property, formerly an assisted living facility (ALF), presents a unique investment opportunity. Located at 7364 Lagoon Road, 34606, this residential and retail zoned property previously operated as a six-bed ALF. The building boasts a fully installed fire protection system and a backup generator, significantly reducing the startup costs for a new operator. While requiring some cosmetic updates ("TLC"), major systems are already in place, providing a head start for relicensing through the City and AHCA. The property is being sold as-is, with all appliances remaining. No furnishings are included; the previous tenant removed all personal items. This is an excellent chance to acquire a ready-to-relicense assisted living facility in a prime Hernando County location. The asking price is $5,200. The property's zoning allows for both residential and retail uses, offering flexibility for potential investors. This is a turnkey opportunity for an entrepreneur looking to enter the assisted living market or explore other business ventures. The property's location at 28.4584481, -82.5967091 offers convenient access to local amenities and transportation.

Highlights

  • $5,200 Asking Price for a six-unit Single Family Rental Portfolio in Spring Hill, FL.
  • Former Assisted Living Facility (ALF) with existing fire protection and backup generator.
  • Located at 7364 Lagoon Road, Spring Hill, FL 34606.
  • Property requires minor renovations; major systems updated.
  • Easily relicensable as an ALF through the City and AHCA.

Property Details for 7364 Lagoon Rd

Property type
Retail properties, Residential income homes

Location Insight

City
Spring Hill
County
Hernando
State
Florida
Latitude
28.4584481
Longitude
-82.5967091
7364 Lagoon Rd, Spring Hill, Florida

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7364 Lagoon Rd
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