Assisted Living Care
Auction - Jill's House Memory Care
751 E Tamarack Trail, Bloomington, IN 47408
Starting Bid: $500,000
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3035
Marcus & Millichap is pleased to present Jill’s House in Bloomington, Indiana, a stand-alone, 100 percent private-pay memory care facility located a half mile from a 200-unit Independent Living campus. The property was fully renovated and expanded in 2016.
Bloomington benefits from strong connectivity via State Road 37 and Interstate 69, with Indianapolis approximately 50 miles north. The local economy is anchored by Indiana University Bloomington, located two miles from the property, which has over 40,000 students, and is further supported by major employers in healthcare, life sciences, and education. The property is also near Switchyard Park and IU Health Bloomington Hospital, providing convenient access to recreation and comprehensive medical care.
Auction - Jill's House Memory Care
Investment Highlights
- Auction - April 13-15, 2026 | Starting Bid: $500,000
- 100% Private-Pay Memory Care with pricing flexibility and no government reimbursement exposure
- Fully Renovated Asset (2016) with limited near-term capital needs
- Strategic Adjacency to 200-Unit Independent Living Campus (0.5 miles)
- Value-Add Occupancy Upside from current below-stabilized performance
- Strong University & Healthcare Market anchored by Indiana University and IU Health
Exclusively Listed By
Auction Advisors
Broker of Record
Starting Bid: $500,000
Investment Highlights
- Auction - April 13-15, 2026 | Starting Bid: $500,000
- 100% Private-Pay Memory Care with pricing flexibility and no government reimbursement exposure
- Fully Renovated Asset (2016) with limited near-term capital needs
- Strategic Adjacency to 200-Unit Independent Living Campus (0.5 miles)
- Value-Add Occupancy Upside from current below-stabilized performance
- Strong University & Healthcare Market anchored by Indiana University and IU Health
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3035 Marcus & Millichap is pleased to present Jill’s House in Bloomington, Indiana, a stand-alone, 100 percent private-pay memory care facility located a half mile from a 200-unit Independent Living campus. The property was fully renovated and expanded in 2016. Bloomington benefits from strong connectivity via State Road 37 and Interstate 69, with Indianapolis approximately 50 miles north. The local economy is anchored by Indiana University Bloomington, located two miles from the property, which has over 40,000 students, and is further supported by major employers in healthcare, life sciences, and education. The property is also near Switchyard Park and IU Health Bloomington Hospital, providing convenient access to recreation and comprehensive medical care.
Exclusively Listed By
Auction Advisors
Broker of Record
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