Senior Housing and Assisted Living Facilities for Sale in Kentucky

Haven Senior Investments is thrilled to present a remarkable assisted living community located in Southern California. Boasting a sprawling 5.52 acre lot, this 96-bed community has recently secured approval for the coveted California Assisted Living Waiver (ALW) program.

The ALW program is in high demand throughout California, presenting a golden opportunity for a new owner to capitalize on the immense market need for government-subsidized assisted living and memory care services. With the approval in place this opportunity stands ready to be transformed into a thriving community, catering to the growing demand.

The community currently houses residents in single occupancy, private pay rooms, and with some minor policy and procedure changes advised by leading ALW reimbursement experts, the potential to accommodate 5 to 8 new residents per month becomes apparent. This targeted approach will steadily lead the community to reach maximum occupancy and a projected 25% operating margin, translating to an impressive estimated EBITDAR of approximately $1.04 million.

The physical plant has been well maintained over the years and requires minimal capital expenditure for an ALW community. Moreover, the unique floor plan allows for efficient grouping of residents based on acuity levels, ensuring a seamless transition during the lease-up period without major disruptions to operations. In addition, two adjacent parcels totaling 5.26 acres, previously approved by the city for skilled nursing and assisted living, are also available for sale. The current owners, who possess Independent Living apartments on a nearby parcel, are open to a First Right of Refusal for interested parties.

Don’t miss this exceptional chance to participate in the thriving ALW market. The recent ALW program approval, strategic floor plan ideal for memory care or higher ALW Tier levels, substantial building size, large lot and additional adjacent parcels make for tremendous growth potential. Supported by a dedicated long-term staff, this is a truly unique opportunity to make a significant impact in the senior care industry.

ID#017415   Approximate Beds/Units:  24    Location:  Lexington

Another firm is pleased to introduce a unique opportunity to acquire a well-maintained, freestanding facility in a prime Lexington location. Situated on 3.32 beautifully landscaped acres, this 14,078 square foot building was originally constructed in 1998 and was fully renovated in 2018. While currently operating as a memory care clinic, the property is well-suited for a variety of residential or healthcare-related uses, including assisted living.  The building is zoned R-3 and consists of 24 bedrooms, offering a flexible layout that includes two spacious living rooms, a fully equipped commercial kitchen, dining areas, and multiple communal spaces. The Property will be vacant as of June 1, 2025. Outdoor features include three secure patios, walking trails, and lush landscaping—ideal for resident wellness and recreational programs. Strategically located, the property provides quick access to the Hamburg area, one of Lexington’s most vibrant commercial and retail hubs.