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Seniors Housing

Tampa ALF Development

8331 Double Branch Rd, Tampa, FL 33635

Listing Price: $790,000

Lot Size
2.51 acres
Price/Acre
$314,741
Land Type
Land

Investment Overview

The subject property is a 2.51 acre piece of land, entitled for a 50 bed Assisted Living Facility. The property is located off of Hillsborough Avenue (The East West Thoroughfare), in the Town N Country/ Westchase area of Tampa. The property is located across from a large new luxury apartment complex. The U.S. Assisted Living Facility market is expected to expand by 5.3% in the next 5 years. The average cost of an Assisted Living Facility bed in Tampa is $3,250 a month and with the increase market demand, this opportunity offers developers a safe investment. The site is conveniently located 6 miles from the Veteran Expressway and 10 miles from Tampa International Airport.

Investment Highlights

  • 2.51 Acres Entitled For A 50 Bed Assisted Living Facility
  • Excellent Location Off Hillsborough Avenue
  • Densely Populated - 150,000 People Within 5 Miles
  • Build To Suit Is Available

Exclusively Listed By

Seniors Housing

Tampa ALF Development

Listing Price: $790,000

Lot Size
2.51 acres
Price/Acre
$314,741
Land Type
Land

Investment Highlights

  • 2.51 Acres Entitled For A 50 Bed Assisted Living Facility
  • Excellent Location Off Hillsborough Avenue
  • Densely Populated - 150,000 People Within 5 Miles
  • Build To Suit Is Available

Investment Overview

The subject property is a 2.51 acre piece of land, entitled for a 50 bed Assisted Living Facility. The property is located off of Hillsborough Avenue (The East West Thoroughfare), in the Town N Country/ Westchase area of Tampa. The property is located across from a large new luxury apartment complex. The U.S. Assisted Living Facility market is expected to expand by 5.3% in the next 5 years. The average cost of an Assisted Living Facility bed in Tampa is $3,250 a month and with the increase market demand, this opportunity offers developers a safe investment. The site is conveniently located 6 miles from the Veteran Expressway and 10 miles from Tampa International Airport.

Exclusively Listed By

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