Senior Housing and Assisted Living Facilities for Sale in Oregon

An associate firm is pleased to present a Residential Care Facility that consists of two separate structures on three parcels in historic Oregon City. The first house was constructed in 1925 as a six-bedroom, 7,708-square-foot residence for the founder of the Oregon City Hospital. The building has a poured-in-place concrete foundation, stout old-growth Douglas Fir framing, and is finished in stucco with a tile roof.
The Residential Care Facility was constructed in 1930 as the Oregon City Hospital. The building is 29,196 square feet on three levels. Similar to the original residence, the hospital sits on a poured-in-place concrete foundation, with old-growth Douglas Fir framing, stucco exterior, and tile roof. The foundation, framing, and roof structure are in excellent condition. The building has been stripped of its interior lath and plaster walls to prepare for reconstruction of the interior. Backbone plumbing systems can still be utilized. Electrical systems will need to be upgraded to current standards. The location and zoning support several uses such as senior assisted living and a residential care facility. The property has easy access to McLoughlin Boulevard, Main Street, and Interstate 205.
Investment Highlights:
•Excellent downtown Oregon City location
•In Qualified Opportunity Zone
•Flexible zoning allows for senior living
•Footings, foundation, and framing are in excellent condition.
•Reduce construction cost risk utilizing existing shell and infrastructure

An associate firm is pleased to introduce an Assisted Living Facility that is composed of 25-units/30 beds of assisted care and a 5-unit/9-bed memory care wing for persons with Alzheimer’s disease and related dementias. The facility has three residential wings plus common area amenities. The one-story structure contains an overall gross building area of 17,738 square feet, which is 591 square feet per unit. A portion of the original structure was built in 1965 and utilized as a church. Subsequently, the original structure was extensively renovated in 1989 and converted for use as a 15-bed residential care facility. A renovation and 12,988 square foot addition was completed in 2001 bringing the capacity to 30-units/39-beds. The building is of average-quality construction and is in good repair. All resident rooms include a half-bath (toilet and wash basin) and each wing has a common shower room. Twenty-six of the 30 rooms have private half baths and four rooms (two sets of rooms) have shared/adjoining half-baths. The property also includes an additional undeveloped parcel of ±1.40 acres.

An associate firm is pleased to introduce a 30-Bed Memory Care Facility with 18,200 SF offered at $1,950,000 at a 25% Cap Rate in Bandon, OR. Take advantage of an amazing investment and business opportunity with this 30 bed resident care facility boasting significant income potential. This well cared for property has been remodeled throughout and includes personal/caregiver living quarters, a warehouse/garage and shop, and meticulous landscaping. The attached residential caregiver/owner living quarters has 1,088 square feet. There is a large kitchen, dining area, and living areas for residents. There are also parking spaces for visitors and employees. The facility is located near the ocean, a small airport, and a golf course. Tons of opportunities await such as memory care or adult care facility. There is also land for potential expansion/development.

An associate firm is pleased to introduce an Assisted Living with 34 beds that is deed restricted for Senior Care; Memory Care, Assisted Living and/or Independent Living to also meet minimum 20% affordable occupancy requirement. The facility was constructed 1997 as an Assisted Residential Care Center/Senior Living Residence; (10) One Bedroom Units and (24) Studio Units. The facility includes a lobby, a commercial kitchen, dining room, laundry, offices, and central patio/garden. The property is vacant. There is also a similar facility, in Tillamook, build 1994, also available for sale.