DescriptionOne of a kind opportunity to own this beautiful residential senior living facility that boasts 95% occupancy, consistent financial performance, tenured leadership and staff, close proximity to the local hospital, and excess real estate to expand into related services such as memory care, adult day care, residential rehabilitation care, outpatient therapy clinic, and independent living.
In business for over ten years, this 22 apartment assisted living facility is well maintained, provides a true "homey" feel, and is supported by knowledgeable and caring leadership and staff. Six apartments are segregated and secure, and could be easily converted to a memory care unit.
List price based on Net Owner Benefit averaging $320,000 and an 9.0% cap rate, plus excess real estate at market.
Growth OpportunitiesExpansion into related services such as memory care, adult day care, residential rehabilitation care, outpatient therapy clinic, and independent living.