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321 E 800 S, Springville, UT 84663
$4,000,000
321 E 800 S, Springville, UT 84663
Subtype
Hotel/Motel
Building SF
—
$/SF
—
Lot
1.17 ac
Property Details
Description
An exceptional opportunity to own a fully operational, purpose-built assisted living facility spanning 28,505 square feet. This well-appointed property includes 20 resident rooms, each with private bathrooms, and is licensed for a maximum capacity of 30 beds. The facility consistently maintains 95100% occupancy, reflecting strong demand and stable performance. Designed with both residents and staff in mind, the layout features two on-site caretaker or healthcare worker apartments, a welcoming reception area, executive office, and a centrally located nurses' station. Residents enjoy thoughtfully curated amenities including a spacious dining room, theater room, library, fitness room, and on-site salon-promoting comfort, engagement, wellness, and self-care. Additional features include beautifully maintained in-ground and above-ground gardens, a greenhouse, and mature, immaculate landscaping that create a peaceful and scenic environment. A resident laundry room is available for independent residents, supporting autonomy and convenience. The facility is ideally located just 12 minutes north and south of two local hospitals, offering quick access to essential healthcare services. Operational highlights include a fully equipped industrial kitchen, industrial laundry room, and efficient back-of-house spaces to support smooth day-to-day management. Included in the square footage is a luxurious 2,200 sq ft private owner's apartment featuring a chef's kitchen, two bedrooms, two bathrooms, and a large private patio, stackable washer and dryer, and separate heating and cooling systems-perfect for an on-site operator or executive-level living. This turnkey facility offers a rare combination of functionality, comfort, and upscale living in a growing market segment. Contact us today to schedule a private showing.
Listed by Missy Elardi · Unity Group Real Estate (Wasatch Back)
Location
321 E 800 S, Springville, UT 84663
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
—
GRM
11.8
Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/10/2026, 2:52:39 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.