Turn-key, fully occupied senior living portfolio located in Kentucky. This investment opportunity offers a new owner strong and immediate cash-flow and an investment footprint into the fast-growing senior housing market.
The combined 70 units across the portfolio offers economies of scale that support efficient operations and more profitable margins. The communities are currently fully occupied with a waiting list of interested residents. Local market Needs Analysis Report shows strong need for both AL and MC in the Louisville area, which further supports the current occupancy. All of these factors, combined with a wonderful Executive Director and seasoned staff, bring together a winning combination, which provides stellar care to the residents and a lucrative investment for the new owner.
• Over $1 million in NOI
• 10 Cap
• Strong yield for stable communities (14% levered cash on cash return)
• True turn-key investment with little owner involvement
• Strong local Louisville market need for both AL and MC – site analysis reports to be provided with OM