Memory Care Facility

Highlights:

• 100% Private-Pay Memory Care with pricing flexibility and no government reimbursement exposure
• Fully Renovated Asset (2016) with limited near-term capital needs
• Value-Add Occupancy Upside from current below-stabilized performance
• Strategic Adjacency to 200-Unit Independent Living Campus (0.5 miles)
• Strong University & Healthcare Market anchored by Indiana University and IU Health

Description:

Ri Marketplace Online Auction April 13th-15th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3035/memory-care-facility?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=seniorhousing_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.


Bryan P. Jackson
c/o Fisher Auction Company Inc.
License: AU09100175
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: