Listings State: North Carolina

Haven Senior Investments is pleased to present a 60-unit Assisted Living/Senior Housing Facility near Atlanta GA. This facility was originally built as a personal care home and was most recently used for behavioral health. The real estate, now vacant, has been repossessed by the lender, who is an eager seller. The 30,000-square-foot building sits on 1.34 acres in an area with a strong need for both AL and MC. At just over $100 a square foot, this may be the best development opportunity in the Atlanta area. Market site reports and building plans are available upon request.

ID#010841    Approximate Beds/Units:  65+27=93    Location:   Canton

An associate firm is pleased to introduce a 93-unit facility that was built in 2006 and is separated into 65 Assisted Living units and 28 Memory Care units. On-site amenities include a large commercial kitchen and dining area, a lounge area, an exercise room, a wellness office, two reception areas, and a covered patio. This community is located directly adjacent to a large shopping center, which includes retailers such as Publix Super Market, Belk, Home Depot, and an AMC Movie Theatre. Also located a few miles from the site is Northside Hospital’s Cherokee campus, a 211-bed full-service community hospital. The median income is $103,606 within a 10-mile radius of the site, which has nearly tripled since 2010 (when the median income was $37,377).

ID#010840   Approximate Beds/Units:  24 IL Units & 48 Senior Living (32 AL/16 MC)    Location:   Lawrenceville

An associate firm is pleased to introduce a unique campus made up of 10 buildings with a total of 72 units and approximately 71,400 SF. The property consists of multiple Independent Living Cottages totaling 24 units and a 48-unit senior living facility (32 AL/16 MC). The standalone independent living cottages are 2BR/2Bath and average 1,840 sq ft. The AL/MC facility is a single-story building that was fully renovated in Q1 2022 and is positioned at the entrance of the campus. Noteworthy amenities for the IL cottages include screened-in porches and private garages, while amenities in the AL/MC facility include a commercial kitchen and dining, laundry room, salon, & bathrooms with showers in every unit. This property falls within the I-985 corridor northeast of the Atlanta Metro and contains a median income of $94,144 within a 5-mile radius of the site. Additionally, Buford’s population has grown 9.71% since 2020.

ID#009197   Approximate Beds/Units:  40    Location:   Pompano Beach

An associate firm is pleased to introduce a 10,941 SF Health Care Building with 40 beds in Pompano Beach. Situated within the coveted Atlantic Overlay District (AOD) zoning, this facility is designed to be a 40-bed Continued Care Facility. The building features state-of-the-art finishes, with no expenses spared, and is well-suited and zoned for various purposes such as a continuing care facility. Positioned just one block away from the beach, this newly renovated asset showcases meticulous upgrades cosmetically as well as essential infrastructure elements. From state-of-the-art electrical systems and plumbing to cutting-edge fire safety systems, HVAC, and modern flooring, every facet has been carefully considered. The property also features modern amenities, including backup generators, revamped bathrooms, impact windows and doors, a well-equipped kitchen, and upgraded common areas. If envision a thriving and welcoming continuing care facility, this property combines functionality and adaptability with a touch of coastal elegance.

ID#042343   Approximate Beds/Units:  39    Location:   Nashville

An associate firm is pleased to present a 40,652 SF Health Care Building with 39 beds in Nashville, TN. A buyer may wish to renovate this 39-room facility and two family homes. This property was formerly a Christian Home which later became an Assisted Living Facility. The Assisted Living Facility closed, so there is currently no active business on site. This listing also includes an additional 1.03 acres which brings the total land to 3.49 acres. These two parcels include the 39-room  building with offices, cafeteria, dining center, and activity center plus two large single-family residences.

Haven Senior Investments is proud to present a 22-unit, 44-bed memory care community located in the San Joaquin Valley and Fresno MSA. Fresno is the fifth largest city in California and the largest inland population in the state. The community is currently owned and operated by a local family who are retiring after many years of ownership.

Fresno County is approved for the California Assisted Living Waiver (ALW) program. The ALW program is a highly sought-after California program, which will allow a new owner to restructure the Community to capitalize on the extremely high demand in the market for government-subsidized, assisted living and memory care. The community is currently operating with 27 residents in place. However, an optimized per-unit utilization may be achieved through participation in the ALW program, which has a higher demand in the subject area than private pay as well as higher per-bed rates. By dedicating 50% of the facility’s beds to ALW, the average per-bed rate increases by nearly 20%, while allowing for higher utilization of the licensed bed count. Post-ALW stabilized revenue is over $2,500,000, which represents a 34% increase. Further accounting for additional labor and other costs associated with increased bed count as well as higher acuity care, shows EBITDAR to increase by 25% to $750,000, operating at a 29.7% profit margin.

The physical plant has been well maintained and updated over the years requiring very little in additional capital expenditure. Recent improvements include roof, flooring, HVACs, appliances, and paint.

  • In place cash flow with significant upside.
  • 11% Cap Rate going in, 21% Cap Rate post repositioning.
  • Opportunity to recognize ~32%+ leveraged IRR over 5 year hold period.
  • Recent and significant renovations to the property = turn-key physical plant.
  • Fresno is the 5th largest city in CA. This community is 15 miles from downtown Fresno

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.

Contact Haven Senior Investments today to embark on a journey toward

ID#005528   Approximate Beds/Units:  27    Location:  Joshua Tree

An associate firm is pleased to introduce freestanding buildings with 24,000 Sq Ft of livable space on 1.63 acres with 27 beds located in PRIME JOSHUA TREE that is ready to be re-positioned. All the structures are intact making this an efficient and affordable opportunity that does not require ground-up construction. Built-in 1988 as a retirement home, this property is zoned JT/RM. This is a great opportunity for an Assisted Living.

ID#037251    Approximate Beds/Units:  24    Location:   Tillamook

An associate firm is pleased to introduce a 14,464 SF facility & 1944 SF manufactured home situated at the base of the Kilchis River Valley in Tillamook County. The main building has been commercially used & has separate caretakers/owner’s residence. It has been updated & modernized, & most recently, it was utilized as a residential care facility with 28 licensed beds until it closed in 2022. The facility has RR-2 zoning, with a conditional use permit for a Residential Care Facility that stays with the property, for that use. It also has two septic systems in place, with permits & improvements on file with Tillamook County.

ID#021848   Approximate Bed/Units:  44    Location:   Kingston

An associate firm is pleased to introduce a 52,137 SF Health Care Building with 44 beds in Kingston. The building is to be sold vacant. It is a 4-story building.

Haven Senior Investments is proud to present a 33,981 sq. ft. medical hospital building that was constructed in 2009. It was operated as a hospital under several different names until around 2019 when it was re-marketed as a medical office building. The first floor was reconfigured from a food service/patient service area to an office for a physician group. The current tenant’s lease will terminate soon and food service, patient waiting room, and emergency room area could easily be restored. The second and third floors comprise 23,824 sq.ft. and remain outfitted as hospital rooms (single and double occupancy) many rooms with furniture and fixtures remaining. Each room has a restroom and lavatory area, as well as a closet. There are valves in the walls of each room for oxygen plus two other features. Most all patient rooms are on the window walls of the building with support room facilities in the inner core of the floor. There are multiple nurse stations on each floor and a mail station on each with securable file cabinetry, monitoring screens for each room, and telephone lines. Each of the two floors has office rooms for support staff, x-rays, and other ancillary functions central to the support of a hospital environment. There is one public elevator and one freight elevator that service the three-story building. The building has an external stairway for fire protection as well as an internal sprinkler system and hoses on each floor. There are lockable doors that function to secure one-half of each floor separate from the other half. The condition of the flooring, walls, paint, ceilings, etc. would be considered exceptional considering the time it has sat without occupancy. The leasing market in this area has been such that the cost of converting the hospital rooms to office space was greater than could be justified by the office rental rate. This has contributed to the opportunity that is now at hand for the right operator. Modifications to ready the building for a new rehab or small hospital use would be far easier than any conversion of a building used previously for other purposes.

Haven Senior Investments is pleased to offer this lovely residential care facility located just north of Houston, Texas. Fully renovated by the current ownership in 2019, this Assisted Living has been lovingly appointed with warm and modern details, which make it feel like a cozy home. Currently operating at full capacity, the residents are all privately paid. The average monthly room rate is approximately $4,000 which we believe to be below market value, adding growth and upside potential to future revenue. NIC Map Vision Data indicates the strong market need for AL beds in the immediate local area.

HIGHLIGHTS
• 18% cash-on-cash return with potential SBA financing.
• Fully staffed, including a licensed administrator.
• Current occupancy at 100%.
• Rural, boutique community – with room to expand.
• Serene and quiet location
• NIC Map / Vision data shows a strong need for AL beds in this growing market

Haven Senior Investments is pleased to offer this 21 unit, 27 licensed bed, residential care facility located in a lovely community just outside of Kansas City. The current NOI is $147,000 and the offering is priced at a 12 CAP. This community has been lovingly owned and operated by a sole proprietor for over 35 years, who is now ready to retire. The community opened its doors in 1986 with a mission to provide a setting full of friendships, activities, and fun for residents without the worries of daily living. Currently one of the most affordable private pay facilities in the Kansas City metro area, with an average monthly rent rate of approximately $2,420, the community also makes a few beds available to Missouri’s generous Medicaid program. Located just off of I-70, it is conveniently located for easy access and visibility. The backyard and terrace of the community abut a lovely town park where children play and summer concerts fill the air.  A large area Medical Center is a half mile away and the Kansas City Airport is a short drive by car.

ID#025820   Approximate Beds/Units:  18    Location:   Macon

An associate firm is pleased to introduce a 10,074 SF, 18-bed, Health Care Building in Macon. This 18-bed facility comes with amenities to support comfortable and secure living. This building will also meet codes and regulations for small hospital accommodations and long-term care. Certificate of need documentation available upon request. The facility has a maintenance-free exterior.

ID#010839    Approximate Beds/Units:  54/50    Location:  Alpharetta

An associate firm is pleased to introduce to acquire a 50-unit/54-bed memory care community in the rapidly growing Atlanta-Alpharetta Metroplex. The building is 36,296 SF and sits on 3.4 acres.  The surrounding market area has demographics that are very favorable for senior housing. The 65+ population is forecast to grow by 4.18% annually between 2022 and 2027, representing an additional 9,200 seniors – greater than both the MSA and national growth projections. Income levels are high, as the all-ages median is on average 40% higher than MSA levels and 44% higher than national levels. Lastly, the area has a robust housing market, with a median housing value of $457K. The seniors housing market experienced occupancy and profit margin declines because of the COVID-19 Pandemic but is now positioned to deliver out-sized returns to investors. This asset is vacant and not currently operating – buyers may elect to re-open as senior housing or memory care. The seller will consider providing financing to qualified bidders. The property suffered damages from the freeze earlier in 2023, and much of the sheetrock and flooring has been removed. The property is being sold on an “as is” basis. The seller will consider owner financing for qualified buyers.

ID#010838   Approximate Beds/Units:  47/42   Location: Suwanee

An associate firm is pleased to introduce the opportunity to acquire a 29,641 SF Health Care Building with 42 units/47 beds. The facility is in the rapidly growing Atlanta suburb of Suwanee. The building sits on 2.991 acres. The surrounding market area has demographics that are very favorable for senior housing. The 75+ population is forecast to grow by 7.17% annually between 2022 and 2027 – nearly double the national growth rate. Income levels are high, with an all-ages median of $88K, which is greater than both the MSA and national all-ages medians. Lastly, the area has a robust housing market, with a median housing value of $313K. The seniors housing market experienced occupancy and profit margin declines because of the COVID-19 Pandemic but is now positioned to deliver out-sized returns to investors. This asset is vacant and not currently operating – buyers may elect to re-open as seniors housing or memory care. The seller will consider providing financing to qualified bidders. The property suffered damages from the freeze earlier in 2023, and much of the sheetrock and flooring has been removed. The property is being sold on an “as is” basis.

ID#090196   Approximate Beds/Units:  100+    Location:   Hollywood

An associate firm is pleased to introduce an Assisted Living Facility offered at a 6.81% cap rate. The facility boasts 100 beds and presents a promising investment opportunity in a market with scarce inventory. With a total building size of 27,270 square feet, this property offers ample space for residents’ comfort and convenience. The sale includes not only the real estate but also the business, business-related licenses, and inventory. The full staff will remain in place after the closing, ensuring a smooth transition for the new owners.

ID#0050526   Approximate Beds/Units:  85    Location:  Newark

An associate firm is pleased to introduce an Assisted Living for the elderly with 85 beds. This facility has 10 Hospice Waivers and 30 in an Assisted Living Waiver program.​ The seller is retiring after a long-term ownership.

 

ID#049345   Approximate Beds/Units:  20+20    Location:   GreenBay

An associate firm is pleased to introduce this expansive senior care housing property with its one-level layout that covers almost an entire city block. This vacant building consists of two newer 20-bed assisted living facilities. These forty private rooms feature private bathrooms. The skilled nursing facility connecting the assisted living homes has seventy-eight rooms of which many are semi-private featuring jack-and-jill half bathrooms. There are 4 bathing rooms within this portion of the building. Future residents will appreciate the outdoors by enjoying the gardens, a fountain, and a pergola. This property also includes a drive-up canopied entrance, ample parking, and sidewalks, along with an oversized 3+ vehicle garage for plenty of storage.

Haven Senior Investments is pleased to offer a Personal Care Home that is a 30-bed Assisted Living Community nestled in the rolling hills of central Pennsylvania. This facility has been family-owned and operated for over 20 years, which contributes to its cozy environment and happy residents. The facility is conveniently situated in a high-traffic corridor. NIC Vision data indicates a strong demand for assisted living in the immediate market area. The current owner has maintained a steady business with strong occupancy throughout her tenure. As of April 2023, the occupancy remains steady at 96% with a waiting list of interested residents. This facility does not accept Medicaid but does accept Supplemental Security Income (SSI) for those eligible in Pennsylvania on a limited basis. Rental rates currently average $4,128 per month, which is below average for the area and offers an opportunity for a new owner to bring the monthly income up to current rates. Additionally, the 5-acre lot provides plenty of room for potential future expansion. This facility provides a rare opportunity for both new and existing Seniors Housing owners to acquire a stabilized, turnkey operation.
HIGHLIGHTS:
• Owner is willing to stay on during the transition if desired.
• Well-maintained facility with experienced and committed staff.
• Conveniently located close to hospitals and major transportation routes.
• Very consistent occupancy and net operating income.
• Large parcel with plenty of room for expansion

ID#038263   Approximate Beds/Units:  65    Location:  Wyalusing

An associate firm is pleased to introduce a rare opportunity in the heart of Wyalusing, PA! This 20,000 sq ft brick building, formerly a retirement and assisted living facility, is now available for your next venture. Positioned on sprawling 7.8 acres along the prominent US Route 6, with over 500 feet of road frontage, this property offers visibility and accessibility that are second to none. Ideal for conversion into a personal care home, providing a nurturing environment for individuals requiring assistance. Previously a 65-bed retirement and assisted living facility, it includes common areas such as living rooms, a sunroom, an activity room, and a salon. The commercial kitchen and dining area are equipped to meet the needs of residents or can be repurposed for a new culinary venture. Ample parking space is available on the premises, making it convenient for both staff and visitors. The expansive 7.8-acre lot offers opportunities for outdoor amenities or potential expansion. This property presents a rare chance to revitalize a well-constructed and thoughtfully designed facility.

ID#007118   Approximate Beds/Units:  150    Location:  Waterbury

An associate firm is pleased to introduce the exclusive opportunity to acquire an Assisted Living Property located in Waterbury. This property operated as a 150-bed nursing home. The building, constructed in 1970 on a 2.59-acre lot in a residential setting, is being sold vacant and unlicensed. Designed perfectly for healthcare use, the facility is well-suited to operate as a Residential Care Home or an Assisted Living Facility. The two-story structure spans 45,768 square feet and boasts a lower level featuring a spacious commercial kitchen, a laundry room with industrial machines, a staff kitchen, and a meticulously maintained HVAC system. The lower level also has a fully equipped fitness rehabilitation center and a hair salon. The first and second floors host resident rooms, dining areas, lounges, bathrooms, and state-of-the-art bath and shower facilities. The facility is conveniently located close to two hospitals. The peaceful residential setting creates an appealing environment for staff and residents.

ID#038062   Approximate Bed/Units:  26    Location:  Pittsburgh

An associate firm is pleased to introduce a former personal care home that was an award-winning 26 Bed Tudor-style Personal Care Home Community in the suburbs of Pittsburgh, PA. The facility consists of 16,150 square feet including the finished lower level. The facility is vacant. The total lot size is 3.5 acres which includes an additional lot for possible expansion of the building. The community has been caring for loved ones for over 30 years. Nearby hospitals allow easy access to medical care and a VA shuttle stops at the facility for daytime activities for our Veterans. The beautiful community offers peaceful and serene living indoors and outdoors near an expanding part of Pittsburgh, PA. It was the AHCA/NCAL Bronze Award Winner for National Assisted Living Facilities for 2020. The facility is located in a very beautiful and safe town. The seller is motivated!

ID#043192   Approximate Beds/Units:  23    Location:   Ft. Worth

An associate firm is pleased to introduce an Assisted Living facility with a small class B license in Fort Worth TX. There are 23 beds and 100% occupancy. The Cap Rate is 10.05%The facility has a great reputation. Owner’s looking to retire after 27+ years.

ID#009192   Approximate Beds/Units:  20    Location:  Davie

An associate firm is pleased to introduce a 3,474 SF, 20-bed, Assisted Living Facility in Davie, FL offered at a 14.03% Cap Rate. They are excited to present a highly lucrative acquisition opportunity for investors interested in the healthcare and senior living industry. This premier assisted living facility, located in the heart of Davie, Florida, offers a turnkey solution for those seeking to expand their portfolio in a rapidly growing market. The facility is fully licensed and complies with all state and federal regulations, ensuring that the acquisition process is seamless and hassle-free. The acquisition of this 20-bed assisted living facility in Davie, Florida, presents an exceptional investment opportunity with promising returns. Investing in modernization and upgrades can enhance the facility’s overall appeal and create a more comfortable and aesthetically pleasing environment for residents.

ID# 004417   Bed/Units:  70    Location:   Clarksville

An associate firm is pleased to introduce a 15,937 SF Health Care Building. This building is offered at $3,180,000 at a 16.71% Cap Rate. The facility is located in Clarksville, AR.

PROPERTY FACTS:

Lot Siz:e 1.82 AC

Price Per Bed: $45,429

Building Size: 15,937 SF

Sale Type: Investment

No. Beds: 70

Cap Rate: 16.71%

No. Stories: 1

Property Type:  Health Care

Year Built: 2012

Property Subtype: Continuing Care Retirement Com

Opportunity Zone: Yes

ID#004416   Approximate Beds/Units:   72    Location:   Greenwood

An associate firm is pleased to introduce a 20,780 SF Health Care Building located in Greenwood, AR. The facility is being offered at $3,710,000 and a 15.67% Cap Rate.

PROPERTY FACTS: 

Lot Size: 1.84 AC

Price Per Bed: $51,528

Building Size: 20,780 SF

Sale Type: Investment

No. Beds: 72

Cap Rate: 15.67%

No. Stories: 1

Property Type: Health Care

Year Built: 1980

ID#043191   Approximate Beds/Units:  TBD     Location: Sachse

An associate firm is pleased to introduce a 14,000-square-foot, 16-bed, Assisted Living Property located in Sachse, Texas. The Property is a stand-alone senior care development. The property is surrounded by both single and multi-family residential developments. The Property was constructed in 2023 and will be in operation soon. The facility has a brand new 16-year personally guaranteed absolute net lease with built-in base rent escalations every 5 years, including 3, 5-year renewal options. There is a strong tenant profile as the Facility’s Alzheimer’s Care is growing its successful concept and currently undergoing expansion across Texas. The facility is surrounded by a dense housing market with strong median household incomes of $105,898 within 5 miles of the property and a population of nearly 136,100 residents within 5 miles of the property.

ID#043190   Approximate Bed/Units:  49     Location:   McKinney

An associate firm is pleased to introduce a stunning building spanning over 26,000 sq. ft on 2 acres of prime land in one of the fastest growing and most desirable cities, McKinney. There are many architectural features in this building including 49 rooms, conference rooms, offices, dining rooms, a reception office, a beautiful chapel, a game room with a pool table, leisure areas, and a high-quality commercial kitchen. This is a unique opportunity for an assisted living facility. The property is currently home to Adult Day Healthcare. There are 69 parking spaces including 9 covered parking spaces. The Property Type is Senior Living and is Class B. The Net Rentable rate is (sq ft) 26,016 and the price/Sq Ft is $115.31. There are 49 units and 49 beds.  The year built was 1975  and the year renovated is 2022. It is a 1-story building.

ID#010836   Approximate Beds/Units:   80    Location:   Northeast of Atlanta

An affiliated firm is offering this newly renovated 80-bed senior care facility in Snellville GA.
Over 20,000 sf of space, is currently vacant.
Northeast of Atlanta
Offered at $4,250,000

ID#010837   Approximate Beds/Units:  45     Location:   Morrow

An associate firm is pleased to introduce a 22,056 SF Health Care Building Offered at $3,000,000 in Morrow. This property is a 22,056 square foot senior housing facility on 13.65 acres. The property is being sold vacant and in as-is condition. The single-story facility was constructed in 1996 and features approximately 40 rooms for residents with all of these designed for single occupancy. The Property also features a full kitchen, dining areas, multiple shared living and activity rooms, office areas, and miscellaneous support rooms.  PROPERTY FACTS: Price Per Bed is $66,667; Sale Type is Investment or Owner User; Number of beds is 45; Sale Condition is a High Vacancy Property;  Property Type is Health Care; Year Built was 1996; Property Subtype is  Assisted Living; Parking Ratio is 0.91/1,000; SF Building Class B

ID#009194   Approximate Beds/Units:  48     Location:   Orland0

An associate firm is pleased to present the fee simple ownership in an Assisted Living Facility in Orlando, Florida. The property consists of a one-story, former seniors housing community for repositioning with a total gross area of approximately 36,222 square feet. This move-in ready community consists of a living area within the building that spans approximately 27,711 square feet, accommodating a total of 48 living units along with common areas, a commercial kitchen, and facilities. The property benefits from a strategic location providing excellent visibility and accessibility. Additionally, it is conveniently situated less than a mile away from Florida’s Turnpike toll road, offering efficient transportation connections to the surrounding areas. The current zoning is C1 – Residential Care. The population within a five-mile radius of the property is approximately 183,298 people and the average household income within the five-mile radius is $71,681. This indicates a relatively affluent demographic, suggesting a higher level of purchasing power and consumer spending potential in the surrounding area. Investment Highlights: Well below replacement cost, convenient location, and move-in-ready community

ID#090191   Approximate Beds/Units:  165     Location:   Dania Beach

An associate firm is pleased to introduce an Assisted Living Facility in Dania Beach with 62,906 SF. This is a redevelopment opportunity. There are currently 135 beds but this is licensed for up to 200 Beds.

PROPERTY FACTS:

Building Class C

Price Per Bed $95,758

Lot Size 2.64 AC

Sale Type Investment

Building Size 62,906 SF

Sale Conditions Redevelopment Project

No. Beds 165

Property Type Health Care

No. Stories 1

Property Subtype Assisted Living

Year Built 1972

ID#041323   Approximate Beds/Units:   48    Location:   Rapid City

An associate firm is pleased to introduce a 21,895 SF Health Care Building Offered at $5,000,000 in Rapid City, SD.

PROPERTY FACTS: Lot Size is 1.64 AC; Price Per Bed is $104,167; Building Size is 21,895 SF; Sale Type is Investment or Owner User; Number of Beds is 48; Sale Conditions 1031 Exchange; Number of Stories is 2; Property Type is Health Care; Year Built is 1997; Property Subtype is Assisted Living

ID#049343   Approximate Beds/Units:   70/60    Location:  Madison

An associate firm is pleased to exclusively offer for sale a portfolio of two Assisted Living and Memory Care Communities in the highly desirable market of Dane County, Wisconsin. This opportunity includes over 65 units and 70 Licensed Beds. These are purpose-built facilities, newer vintage. The portfolio is being offered at $9,900,000 which is priced well below replacement cost. They are purpose-built for Assisted Living and Memory Care. Assumable SBA Loans are available.

ID#038260   Approximate Beds/Units:   60    Location:   Emmaus

An associate firm is pleased to introduce a 60-room Assisted Living Center nicely situated in the Borough of Emmaus. The original structure was erected in 1908 with the property’s sole purpose being to maximize a safe, comfortable, and homelike environment for the aging. Three stories of living space (22,718 sf total), all floors easily accessible with a newer double-sided elevator. All rooms are furnished and range in size from 12 x 12 up to 30 x 14 and each has a private, jack and jill, or shared bath. There are also reception areas, a lobby, a commercial kitchen, dining rooms, multiple family recreation areas, a beauty salon, a laundry facility, etc. with all furnishings and decor included. Most units are recently updated and the building overall is in excellent condition with a new roof recently installed. Change in use possible, please consult with Zoning. The facility is a well-maintained property and a great price.

ID#037250    Approximate Beds/Units:  16    Location:  Portland

An associate firm is pleased to introduce a 13,415 SF Health Care Building in Portland, OR. OFFERING SUMMARY: PROPERTY TO BE SOLD 100% VACANT. This is a meticulously maintained and highly desirable residential care establishment that features a total of 16 fully compliant ADA beds. Nestled within the city of Gresham, it offers an exceptional real estate opportunity. Positioned near esteemed institutions such as Kaiser Permanente. The facility showcases an impressive infrastructure and includes a substantial 3,000 square foot garage. The interior is graced with lofty ceilings and intricate woodwork, creating a sophisticated and inviting atmosphere. Additionally, the property offers two separate outbuildings designed to fulfill storage needs efficiently. This distinguished property is being presented for sale 100% vacant, offering a blank canvas for the discerning real estate investor or buyer to explore its full potential and possibilities. It stands as a prime example of real estate excellence within the Gresham market.  The price/SF is $409.30 PSF. The building Size is ±13,415 SF. Garage Size: ± 3,000 SF. Additional Square Feet: ± 1,000 SF, Lot Size: ± 1.44 acres (± 62,726 SF). Zoning: CMF (Corridor Multi-Family). Current Use: Residential care facility.

ID#023926   Approximated Beds/Units:   25    Location:   Pipestone

An associate firm is pleased to introduce a 25-bed Assisted Living Facility located in north Pipestone, Minnesota. The Facility sits on a large lot creating a peaceful setting – 7.49 acres. There is a central living room area and a kitchen with a large dining area. The kitchen was oversized when built for future expansion. The bedrooms have private bathrooms. The facility was built in 2004. There is a parking ratio of 1:888 – 22 marked parking spaces.

Haven Senior Investments is pleased to offer this beautifully maintained Assisted Living Community located in south central Illinois. Originally built in 2008, this 13-unit (16 licensed beds) Assisted Living Community is offered along with adjacent parcels of land which include a two-bedroom single family home (where the owners currently reside) a garage/workshop, and 2 large storage sheds. This Community is currently owned and operated by a husband-and-wife team who are ready to retire. Over the past few years, they have stabilized the facility and added several modern systems and technologies to streamline day-to-day operations.
Investment Highlights:
• Strong, stabilized business performance offering long term care, daily care, and respite care.
• Single family home and additional structures included with sale of Community.
• Numerous systems and applications streamline operations, including: Deputy Employee Scheduling, Gusto Payroll Systems, Groves Menu Systems, Relias Employee Training System, and more.
• Extensive recent capital improvements including new lighting, alarm system, new fencing & landscaping, and numerous new fixtures, including a commercial range, freezer, ice maker, washer/dryer, and hot water tanks.
• Full back -up generator.

Haven Senior Investments is proud to introduce a Memory Care business and portfolio.

VALUE HIGHLIGHTS:

• 4 fully occupied buildings producing over $600,000 NOI.

• Offering includes 5th building that is currently vacant, by choice – ready for buyer to lease up.

Adds an additional 30% to annual cash-on-cash return

Bringing 5th building online increases NOI by $180,000

Normalizing expenses to industry standards adds another $233,000 to NOI

• Stabilizing full portfolio adds ~$2,000,000 to market value

• Resident Manager/Director oversees operations at each location for turn-key operation.

• Solid need for MC in the local market as evidenced by NIC-MAP Vision Report

ID#013715   Approximate Beds/Units:   150    Location:   Olympia Fields

An associate firm is pleased to introduce an 85,000 SF Health Care Building located in Olympia Fields that is being offered at $5,500,000. EXECUTIVE SUMMARY: Historic building with short commutes and easy access to Chicago and the suburbs including N.W. Indiana’s population of 750,000 and +.22 acres of land for your own development needs. There are two major hospital networks in the immediate area.
PROPERTY FACTS:

Lot Size: 22.00 AC

Price Per Bed: $36,667

Sale Type:  Investment or Owner User

No. Beds: 150Property Type: Health Care

No. Stories 2

Property Subtype: Assisted Living

Year Built: 1955

Building Class: B

ID#013715   Approximate Beds/Units:   150    Location:    Olympia Fields

ID#004419   Approximate Beds/Units:   74    Location:   Paris

An associate firm is pleased to introduce a 19,898 SF Health Care Building. This building is offered at $2,650,000 and an 18.99% Cap Rate. The facility is located in Paris, AR.

PROPERTY FACTS:

Lot Size: 3.20 AC

Price Per Bed: $35,811

Building Size: 19,898 SF

Sale Type: Investment

No. Beds: 74

Cap Rate: 18.99%

No. Stories: 1

Property Type: Health Care

Year Built: 1980

Property Subtype:  Assisted Living

ID#004418    Approximate Beds/Units:   60    Location: Mulberry

An associate firm is pleased to introduce a 14,793 SF Retirement Center. This Health Care Building is offered at $2,650,000 and a 17.06% Cap Rate. The facility is located in Mulberry, AR.

PROPERTY FACTS:

Lot Size: 1.40 A

Price Per Bed: $44,167

Building Size: 14,793 SF

Sale Type: Investment

No. Beds: 60

Cap Rate: 17.06%

No. Stories: 1

Property Type: Health Care

Year Built: 1985

Property Subtype: Continuing Care Retirement

ID#009186   Approximate Beds/Units:  28     Location:   Daytona Beach

An associate firm is pleased to introduce a former 28-Bed Assisted Living Facility plus a Single Family House with an additional lot for parking! The property consists of 3 parcels, featuring a former 28-bed, 14-room assisted living facility. The main building, spanning 8,300 square feet, provides a solid foundation for a variety of potential uses. Situated on a spacious 7,500-square-foot lot, the property offers ample outdoor space that can be transformed to suit your specific needs. In addition to the assisted living facility, this property includes a ranch-style 3-bed, 1.5-bath single-family house. This residence adds a residential dimension to the property, offering versatility and the potential for a live-in caretaker or additional on-site management. The single-family house complements the overall character of the property and provides a comfortable living space. There is also an additional lot of 10,450 square feet. The extra space opens the door to future development opportunities, allowing for the creation of new structures or amenities to enhance the property’s overall value. Alternatively, the additional lot can be utilized for parking, addressing any potential parking needs and enhancing accessibility for residents, visitors, or future tenants. Strategically located in Daytona Beach, this property enjoys the benefits of a vibrant community and convenient access to local amenities. Whether you’re considering reviving the assisted living facility, converting the space for a new purpose, or exploring future development opportunities, this property provides a canvas for your vision. Don’t miss the chance to explore the potential of this unique property that combines a former assisted living facility, a single-family house, and an additional lot for future development or parking. Unlock the possibilities and make this Daytona Beach property your next investment or project.

ID#043188 Approximated Beds/Units: 40/28 Location: Houston

An associate firm is pleased to present this offering of a new assisted living and memory care development located in the Houston MSA. The site was originally planned for six buildings (five residential cottages and one community center), an assisted living and memory care campus providing a total of 70 units/100 beds. The current offering includes the completion of three buildings (two residential buildings and one community center) with a total of twenty-eight units and forty-four beds. The three buildings have a combined 26,979 square feet. The site is situated on approximately 5.43 acres and has improvements made to the grounds of concrete parking lots, driveways, and a detention pond. A new owner can continue with the cottage model or do one large two-story facility of independent, assisted living, or memory care. The facility is located near a subdivision with home prices ranging from $580,000 to $950,000. It is located on a well-traveled boulevard leading into three different parts of Houston MSA with several commercial and residential developments. The average household income within a one-mile radius is over $190,000. The population within a five-mile radius is over 190,000 residents. The 75 and older age cohort is over 9,500 residents (with a median income of over $44,000) and is projected to grow by 29 percent by 2026. This opportunity offers a buyer the ability to purchase a new assisted living and memory care development without the typical time frame of new development projects giving a quicker return on their investment. They can also either expand the campus as originally intended or with a larger building providing the opportunity for higher returns. The owner will also consider Lease-to-Purchase from qualified buyers.

ID#043187   Approximate Beds/Units: 20    Location:  Memphis

An associate firm is pleased to introduce a 20+ bed Independent and assisted Living for sale. This is a cash-flowing independent and assisted living facility. The price is for the real estate and business. There is room to expand with an independent, assisted living, or memory care building. The seller currently operates this remotely and therefore does not plan to take any employees of the facility.

ID#005525   Approximate Beds/Units:  18     Location:  Sacramento

An associate firm is pleased to introduce an Assisted Living property that is licensed for 18 for elderly care with a hospice waiver. It is located on a main commercial road in the corner of a dead-end street. It is close to Elk Grove & accessible to the shopping centers. The facility has 11 resident rooms, 1 staff break room & a large administrator office. Each room has cable & alarm in all exit doors. The building including the front porch, steps, and some bedrooms has been newly repainted. It has high occupancy each month. PROPERTY FACTS:  Lot Size is 0.47 AC; Price Per Bed is $133,333; Building Size is 4,489 SF; Sale Type is Owner User; Number of. Beds 18; Sale Conditions are Business Value Included; Number of Stories is 1;  Property Type is Health Care; Year Built/Renovated is 1965/2010; Property Subtype id Assisted Living; Parking Ratio is 1.34/1,000 SF

ID#042333   Approximate Beds/Units:   149    Location:  Sevierville 

An associate firm is pleased to present a Senior Independent Living facility that is a campus featuring 25 single-story, wood-frame structures totaling 109,061 sf. The facility offers 145 units located in 24 different structures, one of which is a 26,277 sf main building that includes a commercial-grade kitchen, dining room, and activity room as well as a 1,600 sf storage building. There are nine living structures containing 2,960 sf and 14 containing 3,896 sf. The development includes concrete sidewalks, patios and pads, fencing, exterior lighting, signage, and professional landscaping. This amazing property for sale – 14 acres – is located in an incredible location in Sevierville.

ID#043186   Approximate Beds/Units:  196     Location:  Port Arthur 

An associate firm is pleased to introduce a 78,460 SF former nursing home on 9.1 AC. There is access to Highway 73 and Interstate 10. It has been recently renovated with a new roof. The facility is for sale for $10,200,000(approx $130/SF). PROPERTY FACTS: The Building Size IS 78,460 SF; The Price Per Bed is $52,041; Number of Beds is 196; The Sale Type is Owner User; Number of Stories is 1; Property Type is Health Care; Year Built/Renovated was 2001/2020; Property Subtype is Continuing Care Retirement; Tenancy is Single; Building Class ” C”; Parking Ratio is 1.39/1,000 SF; Lot Size is 9.20 AC

ID#009190   Approximate Beds/Units:  68/45     Location:  Ormond Beach

An associate firm is pleased to introduce a former 68-bed assisted living facility with 45 patient rooms, last operating in August 2023.​ The property includes two parcels with a total lot size of 55,250 SF or just over 1 ¼ acres.​ The building is 27,940 SF across 4 stories.​ Ocean views from every eastern-facing window on floors 2, 3, and 4.​ There is an elevator serving all four levels and two sets of exit stairs, a commercial kitchen with a walk-in freezer, the building is fully fire-sprinklered,​ and an oversized whole building Kholer generator that is approximately one year old.​ There are 28 parking spaces.​ The ground floor includes a lobby/reception area, 3 individual offices, 4 individual restrooms, a commercial kitchen, and ample common spaces.​ Floors 2-4 all have identical floor plans with 15 rooms per floor, all with en suite baths, 9 of which are eastern facing with ocean views.​ There is an unused second elevator shaft in the building.​ The north side of the property features a large walled garden, ideal for a pool.​ This is priced below the replacement cost.​ Investment Highlights: Corner Property and across the street from the beach. The building has 4 stories. 

ID#009187   Approximate Beds/Baths:  32+23     Location:  Central Florida/Ocala

An associate firm is offering for sale a 53 Plus or Minus bed ALF within the Central FL Region. The facility is well-run and has been in business for many years. The sale includes 2 facilities under the same name and management. One facility is licensed for 32+/- Beds and the second is licensed for 23+/- Beds. The assisted living facilities offer functional layouts and have a large courtyard. These facilities have a good reputation with excellent management in place. The current owner runs the business from out of town which makes this a moderately passive investment. The owner’s responsibilities are to oversee the business’s financials and provide strategic and operational support. The ownership conducts weekly teleconference meetings with the management team which creates open communication and essential oversight. These ALFs maintain a good occupancy rate with a $3200 average monthly rate. The owner has improved the operations by reducing unnecessary costs and increasing revenue and still providing a high level of service for the residents. There is tremendous upside potential with this ALF. There is a fully licensed and renovated but vacant building that is ready for residents. In addition, the ownership has considered building an extension on the larger of the two buildings and creating a secure courtyard in the process. This would dramatically increase the gross revenue potential and simultaneously create a safe outdoor environment for all residents to enjoy. The main buildings offer a total of 19,000+/- Square feet on over 1.50 acres with multiple private and semi-private living options. The property has many common areas for residents to enjoy. When you visit this assisted living facility, you can tell it is well run, the residents are happy, and the staff is professional with very little turnover. This ALF can also be purchased with a sister community which is licensed for 58+/- Beds and within a 1-hour drive. The package of both facilities would offer a total of over 110 Beds. Real Estate and business are included in the asking price. Prior to closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion ossibilities, number of licensed beds, proformas, FF&E valuation, and all other factors pertaining to using these parcel(s) and building(s) for the buyer’s intended use.

ID#009185   Approximate Beds/Units:   34    Location:  Fort Lauderdale

An associate firm is pleased to introduce an Assisted Living Facility that is licensed for 34 beds. The management team has been operating the Assisted Living Facility since 2001, employee staff is experienced and compassionate. This ALF is ranked by Caring.com to be among the Top 10 in Fort Lauderdale. A HUD Appraisal was completed in December 2022 and appraised the business/real estate at $5.4 million. The business has consistently increased revenue by 10% year over year, this includes the pre and post-Covid period. The management team expertly selects resident admissions to maximize revenue and consistently manages the facility to capacity. The management team will support the transition. No financing contingencies at closing. The community is comprised of four buildings connected by a central courtyard, as well as exterior breezeways. Collectively, the buildings were built in 1963 and contain 6,139± square feet of gross building area, with a total land area of 16,675 SQ-FT (~.38 acres). The property and building(s) have been well maintained with regular capital investment. There are 9 parking spaces, including one space designated for handicapped use. and was recently remodeled. (Home Based)

ID#009183   Approximate Beds/Units:  71/43     Location:  Pompano Beach

An associate firm is pleased to introduce a well-established “Turn-Key” 71-bed Assisted Living Facility. The facility has been in operation with two groups that are ongoing clients of our company and have been in operation with them since 2013. The current owner purchased the facility in 2019 and has taken it to the next level for the new owner, who will continue to improve the business while earning a very nice income. There is a 9% Cap Rate at the asking price. The ALF includes 43 units/71 beds in operation. There are 2 buildings with 2 stories and 14,036 SF. The Year Built was 1975. The zoning is RM-20. The occupancy is at 95%. The gross revenue is $2,188,000 and NOI is $745,465.

ID#023925   Approximate Beds/Units: 24   Location: North Central

An associate firm is pleased to introduce a well-established Assisted Living Facility that is licensed for 24 Residents. It is located in a very nice recreational area of North Central Minnesota. There is 24/7 care and supervision by qualified staff. The owners have multiple locations and are downsizing toward their retirement. The facility is priced at $1,950,000 including FF&E, inventory, and Real Estate.

ID#043185   Approximate Beds/Units:  80     Location:  Waco

An associate firm is pleased to introduce a 22,204 SF Health Care Building in Waco, TX with 80 beds. PROPERTY FACTS: Price is $3,000,000; Lot Size is 9.20 AC; Price Per Bed is $37,500; Building Size is 22,204 SF; The Sale Type is Owner User; Number of Beds is 80; Property Type is Health Care; Number of Stories is 1; The Property Subtype is Assisted Living; The Year Built was 1971; Building Class is “C”; Parking Ratio is 1.5/1,000 SF

ID#025819   Approximate Beds/Units:  194     Location:  Kansas City

An associate firm is pleased to introduce a former 102,000 Sf, 4-story Nursing Home with 194 beds. The building is a solidly constructed bldg built in 1950 W/additions in 1968 & 1984. This is a beautifully landscaped campus setting with mature trees, a walking path, an enclosed courtyard, and off-street parking. This is on a large level lot of 9 acres. The seller will consider leasing and owner financing, subject to terms and conditions. This is eligible for the National Register of Historic Places (Preservation Tax Incentives)and Mpd Zoning District, Master Plan Development.

ID#010513   Approximate Beds/Units:  94     Location:  Blairsville

An associate firm is pleased to introduce a Senior Living Facility (Business Included). This is a well-established 94-bed senior living facility comprised of five buildings totaling 65,000 square feet and includes a fully staffed thriving business. It is a 100% private pay facility boasting an average rent of over $3,650. The facility is a 31-year business nestled in the North Georgia Mountains on 10.48 acres, with a generational reputation as the top senior living facility in Blairsville and surrounding communities. This Senior Living facility generates sustained revenue with YOY average annual growth of over 10% and YOY EBITDA of over 18%. The facility has been family-owned and operated since opening in 1990 and was the first established senior living facility in Union County. All residents have private rooms (160 square feet to 622 square feet) with a spacious living area, exterior entry, balcony/patio, and full bathroom. An experienced management team operates this Senior Living facility with a tenured staff. This is a rare opportunity to own a turnkey facility that has thrived since 1990. It offers residents over eight-floor plans to help them create a living space that suits their needs. All rooms are private and include a full bathroom, outdoor living space, and private entry. Furnishing packages are available to all residents. The campus design features maximize the opportunity for the residents to thrive and live their best life. Each resident has their own indoor and outdoor space for living. Building #5, constructed in 2019, is the newest facility that features many of the latest innovations to improve the quality of life for senior living facilities. These features include room monitoring, zero-entry showers, handicap-accessible grab bars, individual room thermostats, premium lighting, noise-reducing insulation, and carpet. Some of Georgia’s best residents have made this their home.

ID#009346   Approximate Beds/Units:  48/24    Location:  Quincy

An associate firm is pleased to introduce an Assisted Living Facility that is approximately 75-80% complete sitting on 13 acres approximately 2.6 miles from Downtown Quincy. This single-level facility consists of two wings (East & West) with 24 bedrooms, sleeping 2 occupants per room for a total of 48 occupants. Each bedroom has double walk-in closets, a shower, a toilet, and a vanity. Additionally, the facility has 8 lounge areas, a dining room, and a commercial-styled kitchen. The facility requires flooring, light fixtures, plumbing fixtures, HVAC units, kitchen appliances, a parking lot, and landscaping for completion. Building 2, in the back, houses a chapel, a conference room for training or meetings, a beauty salon, and a bedroom suite to house a guest.

ID#023840   Approximate Beds/Units:   58    Location:  Maple Plain

An associate firm is pleased to introduce a 39,472 SF Senior Care Facility. It consists of Nursing Care: 24,140/sf (37 Rooms) and Assisted Living: 15,322/sf (21 Rooms). There is a total of 58 Rooms. The facility sits on a corner lot that is 3.52 Acres in Hennepin County. It is Zoned R1. The original building was opened in 1967 with renovations in 1990, 1998, and 2015. The information contained herein was obtained from sources believed to be reliable but has not verified nor has any knowledge regarding the accuracy of the information and makes no representation or warranty concerning the same. Therefore Listors disclaim all liabilities in connection with any inaccuracies or incompleteness.

ID#022731   Approximate Bed/Units:   89    Location:  Benton Harbor

An associate firm is pleased to introduce a 37,410 SF Health Care Building Offered at $2,600,000 in Benton Harbor, MI with 89 beds. Senior Care is back on the market. Sellers will consider a long-term lease and will build to suit for a qualified lessee.

ID#018625   Approximate Bed/Units:   250    Location:  Lake Charles

An associate firm is pleased to introduce a 61,022 SF Health Care Building with 250 beds located in Lake Charles, LA. This large-scale residential-care redevelopment opportunity is being offered at a fraction of the replacement cost. Located within the quickly expanding Lake Charles MSA in an Opportunity Zone, other medical and/or institutional/government offices would also bode well for the asset. The property last operated as a 250-bed multi-care senior facility, closing after Hurricane Laura in 2020. Minimal cosmetic damage was sustained in the storm with all utilities remaining operational at present. Since its closure, the facility has been utilized for short-term training activities and remains climate-controlled. Special considerations from Nic Hunter, Mayor of Lake Charles: The state of Louisiana is the recipient of over $1B in federal disaster aid related to recent natural disasters in Southwest Louisiana, a portion of which is set aside for economic revitalization. Depending on the proposed use, this property could easily qualify for economic revitalization incentives. The City of Lake Charles has also expressed a willingness to consider local incentives, through the creation of an Economic Development District, depending on the proposed use.

Haven Senior Investments is pleased to introduce a 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

ID#043182   Approximate Beds/Units:  48     Location:  Bowie

An associate firm is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) and business ownership in an Assisted Living and Independent Living community located in Bowie, TX. This is an opportunity for investors to acquire a 48-unit community with incredible upside as the building is only 75% occupied. The building has historically operated at 95% + occupancy but due to the Covid-19 pandemic, the building dropped to historical lows in occupancy in 2020 and 2021. With Covid-19 cases dwindling the building is starting to see an uptick in demand and move-ins. Forecasts from the senior housing capital markets signal strong confidence in achieving pre-COVID occupancy levels between the second half of 2022 and the end of 2023. The building is priced at an attractive $64 PSF which is 57% below the current replacement cost value! The investment is comprised of two separate buildings. The management team has been in place since 2013 and they were born and raised in Bowie, TX. This is a hometown, family-oriented environment that the residents and their family members love! Building 1 is a 28-unit, Assisted Living Facility located in Bowie, TX. The 28 units include 2 – two bedrooms, 15 – one bedrooms and 11 studio units. The facility is licensed for 36 beds so the upside is incredible as the building is only 58% occupied based on the total licensed bed count. The facility includes hardwood floors, spacious hallways, multiple living rooms, a therapy/exercise room, a beauty shop, an activity room, a library, and a charming sitting porch. The facility is tucked away in a middle-class, predominately residential area of Bowie close to shopping, medical offices & hospitals. Room and Board rental rates are $2,775 to $3,875/month, with level of care services ranging between an additional $500-$2,000. The building is currently 79% occupied based on the unit count. The 2nd bldg is a 20-unit Independent Living also located in Bowie, TX. This campus is caddy-corner to Bldg 1 making it convenient for management, staff, and visiting families. All 20 units are private studios. The studios have modern safety features in all bathrooms with individually controlled heating and air conditioning and large walk-in closets. This campus is a carpeted facility, with a dining room, activities room, spacious living room with a fireplace, and beauty shop. Room & board rental ranges from $2,325 to $2,775/month. Concierge services are available to residents at an additional cost of $500-$2,000/monthly. The building is currently 70% occupied based on unit count. Investment Highlights Opportunity to acquire the properties at 57% below current replacement cost value. True value add for investors as the buildings combined are only 70% occupied while demand is currently surging due to the dwindling Covid-19 pandemic. Market forecasts predict a lack of affordability in senior housing and repositioning existing communities to serve the middle market is a strong choice for investors. The nearest competitor is a 36-unit facility in Nocona, TX which is located 19.3 miles north of the subject property. Every unit comes with a FULL KITCHEN and residents are prepared three (3) MEALS PER DAY! (Great added amenity for these types of communities). Amenities include an inviting entrance, beautiful landscaping with a sitting porch, a library, traditional furniture in multiple large living rooms, several activity areas, a kitchen and dining room, a therapy/exercise room, and a beauty shop

ID#043181   Approximate Beds/Units:  120     Location:  Jacksonville  

An associate firm is pleased to introduce a 49,432 SF Health Care Building with 120 beds offered at $2,800,000 in Jacksonville, TX. This was a former licensed nursing facility located just east of the downtown area along one of three major thoroughfares in Jacksonville, Texas. It was conveniently developed less than 10 minutes from two major hospitals, UT Health Jacksonville and Christus Mother Frances Hospital. This is an excellent value-add opportunity for an investor or owner-operator to acquire the asset. It is positioned in a market with nearly 18% of the population above the age of 65 and a strong employee base with 11.8% of workers employed in the healthcare and social assistance industry, the second-highest labor sector in the area.

ID#010835   Approximate Beds/Units:  64     Location:  Johns Creek

An associate firm is pleased to introduce a 59 Residential Unit Assisted Living Facility. One building has 3 stories and was built in 1997 on 1.92 acres. The facility is in a great location centrally located in Johns Creek Georgia. The area features premier healthcare facilities, restaurants, shopping, parks, and museums all nearby including a nature reserve and Chattahoochee River access.

ID#010833   Approximate Beds/Units:  24     Location:  Loganville

An associate firm is pleased to introduce 13,000+/- sq ft facility on 2.1 acres in Loganville city limits, Walton County. Zoned O&I. Well situated on the main thoroughfare with high visibility and easy access. The facility is currently being updated to an Assisted Living Facility with 24 resident suites and one administrative suite. Also on site will be a state-of-the-art kitchen for nutritious meals, dining room, chapel/gathering room to engage social activities, beauty salon for personal care, and laundry room, along with phenomenal aesthetics overall. There will be 24 parking spaces with room for more and a drive-up covered entranceway at the front of the building. There was a full roof replacement in 2014. There is also a new fire suppression system. Renovation and drawings have already been approved by the city and are estimated to be complete by the end of November 2023. (As of the end of August – mechanicals are 90% complete and drywall set to begin). There is also space on the back of the property for expansion of an independent living building. This is an extraordinary opportunity to bring a cozy and home-like environment to the senior care community. The exterior siding will be replaced and stone accents added along with replacing decks and entranceways. ***Please note that the property is under daily construction.

ID#042332   Approximate Beds/Units:   96    Location:    Franklin

An associate firm is pleased to present an Assisted Living facility that was built in 2020. This like-new, single-level building, offers more than 65,000 square feet on 4.5 acres. Currently utilized as an Assisted Care Living facility, the property features 68 suites of varying sizes, including 34 memory care rooms. The facility is licensed for 96 beds and commercially zoned for Home for the Elderly. The vast, single-level building includes a variety of tasteful living spaces, including living rooms with electric fireplaces, group and private dining rooms, a hair salon, activity rooms, and physical therapy facilities. There are two, open-air, interior courtyards to enjoy the wonderful southern seasons. Each is accessible to all residents and located on the interior of the building for safety. For on-site staff, there is a front desk reception area, nurse’s station, medical storage, administrative offices, private manager’s office, meeting rooms, and an employee lounge. There is a commercial kitchen and laundry facilities to accommodate the residents. This fabulous facility is located in a premier location in Franklin, TN— one of the “Best Small Towns in America”— with quaint shopping, dining, and healthcare services nearby.

ID#042331   Approximate Beds/Units:   53-60    Location:  Franklin

An associate firm is pleased to introduce a 53-bed brick, single-story, building with 20,795 square feet on 2.51 acres (per tax records) located in a quiet suburban setting in Tennessee’s central Williamson County. It is less than a mile from Williamson Medical Center and just minutes from Interstate 65. Shopping, dining, and healthcare facilities are nearby. Per the City of Franklin, TN Planning Department, this property has been zoned for the Residential (R-2) zoning district. You may reference the 2022 Franklin Zoning Ordinance for the Residential R-2 zoning permitted uses. For tax purposes, they have stated it has Commercial Tax Zoning. The facility has an approved non-conforming use status to be allowed to continue to be utilized as an Assisted Care Living facility. Most recently the facility was leased and utilized as a licensed Assisted Care Living Facility. Per the TN Health Division of Health Licensure and Regulation /Office of Health Care Facilities, the center’s license has been placed in Inactive Status. The design is meant to encourage residents to be social and active. The large, open community areas are lovely and inviting. There is a grand, great room with an electric fireplace and lots of space for social gatherings. It also includes a large dining room and smaller dining/buffet space with another fireplace. Residents and guests can also enjoy a library, game room, hair salon, and outdoor living areas. Administrative areas include a reception area, nurse’s station, meeting/conference room, and a private office with a bathroom. To support the facility, there is a commercial kitchen with a dishwashing room. For food and other storage, there is a 2,210 square foot basement that is accessible from the kitchen and from a loading space in the rear of the building. Three Laundry rooms offer support for the facility. There are public guest and staff bathrooms. The building has three wings for resident living quarters. All 53 rooms are on the main level so there are no steps or elevators required. The facility has undergone recent upgrades including all new interior paint, waterproof commercial carpeting, tile flooring, some new tiled accessible showers, new counter tops on reception and nurse’s station, newly painted cabinetry, a new hot water heater, and professional cleaning. The property offers acreage for resident and guest use. It has a garden atmosphere with lovely shrubbery and plenty of outdoor seating on the front porch and side patio. Spacious acreage on the right side of the building may be utilized for future walkways or gardens perhaps. This private setting is in a wonderful upscale neighborhood with excellent access to the community and surrounding services

ID# 019524   Approximate Beds/Units:   16    Location:  Frankfort

An associate firm is pleased to introduce a truly unique opportunity to acquire a fully performing stabilized Assisted Living Community currently licensed for 16 beds. The property has a history of 100% occupancy. The property includes a 19,700 square foot building situated on 24 acres that was previously used as an elementary school. There is a full commercial kitchen, gymnasium, and 9 extra large rooms used as double-occupant resident rooms. The facility is a fully sprinklered building. The current market condition is fantastic. There is a constant waiting list and it maintains 100% occupancy. All of the residents are MaineCare. There is a strong demand for MaineCare rooms and there is a limited supply available. There are various growth opportunities. There are also 24 acres which allows for growth through expansion. You could also expand the current license to go from 16 to 19 residents. The seller is willing to consider a small amount of seller financing. There is support and training available and the current owner is willing to assist a transition in any way. Also, the current owner will continue to help the facility maintain 100% occupancy for 9 months following closing. The reason for selling is to focus their efforts on another geographic area. This business is Home-Based.

ID#0090170  Approximate Beds/Units:  30/58     Location:  Lake Alfred

An associate firm is pleased to introduce this 58+/- Bed Assisted Living in Central Florida MSA. If you are looking to get into the Assisted Living business or expand your operations, this is a great property for you. This facility specializes in lower-income and Medicaid residents and has maintained a very high occupancy rate over many years. There is tremendous demand for affordable senior living housing. Servicing this population has provided this ALF with the stability of occupancy and revenue. In addition, given the capacity and revenue, the business affords multiple levels of management. This offers a moderately passive investment and allows operators to focus on the big picture of their business, not on working in the day-to-day operations of the business. The property offers 21,000+/- SF under air with 30 PLUS rooms and bathrooms including common bathrooms, large dining areas, an activity room, a salon, a commercial kitchen, staff break rooms, offices, and a nurses station. This ALF also provides ample common spaces and outdoor areas for the residents to enjoy. The property sits on a large acreage that offers ample parking and green space. The Commercial zoning allows for more beds to be added at this location which would maximize the full potential of this business. Real Estate and business are included in the asking price. Before closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, number of licensed beds, FF&E valuation, and all other factors about using these parcel(s) and building(s) for the buyer’s intended use. This ALF can also be purchased with a sister community which is licensed for 50+/- Beds and within a 1-hour drive. The package of both facilities would offer a total of over 110 Beds.

ID#038259   Approximate Beds/Units:   74/52    Location:  McKees Rocks

An associate firm is pleased to introduce this 59,931 SF former senior care facility with 52 Units/74 Beds previously licensed in 2021 for Personal and Memory Care that includes a church within a federal opportunity zone in McKees Rocks, PA. The main building is 52,475 SF and was renovated/repurposed into a beautiful assisted living and memory care facility. Originally opened in 1900, the detached  Church is a magnificent Renaissance-style building with approximately 7,456 SF under the roof. Both buildings are 100% vacant and sit on a 2.279-acre lot with a large fenced-in parking lot. The property has approximately $1.5M in renovations under current ownership.

ID#026943   Approximate Beds/Units:  44    Location:  Big Fork 

An associate firm is pleased to introduce this prime Bigfork location commercial building that offers a multitude of possibilities for the discerning commercial investor. The facility was previously used as a Care Center and is now vacant and ready for the next opportunity. This 22,960 SF building is situated on 2.84 acres and is zoned County R-1. The building houses 44 separate rooms with a mixture of single, double, and triple occupancy and a single half bath per room. In addition, there is a dayroom, therapy room, nurses station, therapy whirlpool room, and multiple administration offices. There is also a full kitchen area with a dining room. The building layout Includes a paved parking lot, a newer generator, plus a door security system. The building is being sold “AS-IS, WHERE IS”.

ID#020841  Approximate Beds/Units:  15    Location:  Bowie

An associate firm is pleased to introduce a 5,533 Sq Ft Health Care Building with 15 beds offered at a 4.45% cap rate in Bowie, MD. This is a magnificent opportunity to purchase a super healthy thriving business that includes the real estate (5,533 Sq. Ft.),  land (2.26 acres), and the business! The property is a 15-resident assisted living facility operating under the same ownership since 2002. The value includes furniture, fixtures, and equipment (FF&E), and any going-concern value that is typically associated with an assisted living property. The price is reflective of appraised values. The NOI on this investment is strong and has major growth opportunities. This industry has a demographic that is a sure fit for a solid long-term investment that can provide a strong rate of return. The staff, trade items, and furniture are built into the valuations. The current owner/director is willing to onboard to ensure the quality of operations for the new director/owner(s). THIS TYPE OF DEAL DOESN’T HAPPEN OFTEN, DONT MISS YOUR OPPORTUNITY!! Highlights: Updated and renovated with beautiful natural lighting throughout! Full of space and wildlife scenery, huge spacious facility with private bedrooms and bathrooms.

ID# 0050522   Approximate Beds/Units:  49     Location:  Mill Valley

An associate firm is pleased to introduce an operating facility, licensed for 49, for elderly care, all of which may be non-ambulatory and 10 of which may be bedridden with a hospice waiver for 20 residents. It has 2 buildings on 2 separate parcels. The front building is 9,350 square feet on a lot size of 13,750 square feet. There are 16 bedrooms on the 1st floor with shared bathrooms between each room except for 2 rooms that have their own private bathrooms. The 2nd floor has 7 bedrooms & 2 bathrooms. The building has 1 elevator & a large terrace in the back. There is a pathway bridge over a serene stream with trees to access the 2nd building. The 2nd building has 6 bedrooms & 4 bathrooms with a large living & dining room. The building is 2,534 square feet on a lot size of 17,000 square feet. The seller has a contract with Golden Gate Regional Center for up to 6 clients. The facility receives $7,000 for shared & $8,500 for private.

An associate firm is pleased to introduce an “under 40 bed” facility residing on over 6 acres of land. This is a wonderfully maintained assisted living with census 90%+.It comes with an apartment and plenty of parking. The facility is fully staffed and ready to go. If you’re thinking “old mansion” converted into an assisted living, you’d be way off. This home, though originally built in 1940, has been improved and ready for the 21st century. Half baths adjoin all the rooms along with ample shower rooms, dining room, etc. There is plenty of extra acreage that is beautiful as is, or one could consider adding something like expanding the assisted living.

ID#020842   Approximate Beds/Units:   16    Location:  Millersville

An associate firm is pleased to introduce an 8,929 SF Health Care Building with 16 beds offered at $6,250,000 in Millersville, MD. This one-story facility was constructed in 2007 on 1.38 acres.

PROPERTY FACTS:

Lot Size: 1.38 AC

Price Per Bed: $390,625

Sale Type: Investment

No. Beds: 16

Property Type: Health Care

No. Stories: 1

Property Subtype: Assisted Living

Year Built: 2007

Building Class: C

Parking Ratio: 1.01/1,000 SF

 ID# 0050524   Approximate Beds/Units:  34     Location:   TBD

An associate firm is pleased to introduce an Assisted Living Facility with 34 units, in a 17,500sf +/- building, established in 2005. This well-established Residential Care Facility for the Elderly (RCFE) is a full-time Assisted Living Community. In addition, the facility offers several other programs, including but not limited to: Assisted Living Services, Respite Care Services, Hospice Care, Adult Day Services (separately licensed ADC), Transportation Services, and Concierge Services. The adult day program includes an activities center open to seniors who would like to visit just during the day and then return to their families in the evening. By offering both a part-time and full-time program in the same location, this facility can ensure a variety of social activities and interactions to keep the social atmosphere fresh, new and exciting. Some of the attractions this facility offers are beautiful room accommodations, medication coordination, and monitoring, dressing and grooming assistance, trained staff available 24 hrs/day, delicious, well-balanced meals, transportation arrangements for health appointments, various engaging programs and activities, complimentary wireless internet, cable TV and phone service, and an automatic backup power generator to ensure the building always has power. Having been established in 2005, the facility enjoys an excellent reputation within the community and extensive relations with other facilities, doctors, and local hospitals. The property has approved entitlements to add ~13,000 SF to the existing ~17,500 SF building that would add 30 private suites with full private baths (60 more beds). This offering qualifies for SBA, HUD, USDA, and Conventional. The owners will assist with transfer of all licensing, along with all account transfers (as applicable). The owners will also assist with a smooth transition and stay involved with growth of company during escrow and transition period, after escrow. The administrator will offer training during the ownership transition. Consulting services, after the close of escrow, are negotiable.

ID#049342   Approximate Beds/Units:  19    Location:  Green Bay

An associate firm is pleased to introduce an Assisted Living Community for sale near Green Bay, Wisconsin. The sale includes the licensed business and real estate. This beautiful RCAC (Residential Care Apartment Complex) was recently purpose-built. Each independent apartment includes a living room, kitchenette, and full private bathroom with a walk-in shower. Each unit has its own individual climate control settings and is wired for telephone, cable, internet, and a 24-hour emergency alert system. Other amenities include a full central kitchen, large dining room, activities room, spa suite, and hair salon. The property is professionally landscaped with peaceful sitting areas and a community garden for residents to enjoy. The business is family-run and the owners are ready to retire. They are currently at 100% occupancy and fully staffed with experienced caregivers. This is a turnkey opportunity to take over a thriving community with an excellent reputation. Investment Highlights: • Recently Purpose-Built • Apartment-Style Units with Private Bathrooms • 100% Occupancy • Excellent Staff and Turnkey Operation

Haven Senior Investments is pleased to offer this lovely residential care facility located between Kansas City and Topeka, Kansas.​ Built in 2018 and recently improved by the current ownership, the facility has been lovingly appointed with warm and modern details, which make it feel like home.​

Currently operating at full capacity, the community’s residents are primarily private pay.​ The community accepts strong Medicaid residents, some of which acquire a Single Case Agreements, which augments those whose rent payments do not meet the facility’s minimum monthly rates.​ This assures a strong basis for monthly revenue.​

NIC Map Vision Data indicates strong market need for AL beds in the immediate local area.​

ID#043173   Approximate Beds/Units:  40     Location:  Missouri City

An associate firm is pleased to introduce this excellent opportunity to purchase an existing Assisted Living Facility. This property consists of two approximately 6,630 sq. ft bldgs (total 13,265 sq.ft.) sitting on 1.9 Acres near Missouri City, TX. The two buildings are currently licensed by the state of Texas as Small Type B facilities. The facility is licensed for 40 Beds. It has 20 rooms for patients along with 3 flex bedrooms for overnight staff. All Furniture, Fixtures, and Equipment currently on site are included in the sale. The building was designed in such a way that each holds two separate licenses with a firewall and kitchen separating the “A” and “B” sides. The campus is immaculate with thousands spent on the landscaping package to make them feel inviting for families. Each building has a commercial-grade kitchen. The current average monthly rate per bed per month is $4,000. The location is away from the street and the gated nature of the facility allows for safety for patients and their families. In addition, it’s located in a strong submarket in terms of retail, residential housing, and schools.

ID#0038154   Approximate Beds/Units:  62/74     Location:  Phoenix

An associate firm is pleased to introduce a 31,181 SF Health Care Building in Phoenix. This NNN investment opportunity is being marketed at a 7.0% cap rate and below replacement cost at $200/SF. This housing facility’s present use is senior living/assisted living. There are 62 rooms ranging from 164 SF to 292 SF. Many rooms have two to three beds. The current tenant of 12 years is the fourth largest Hispanic nonprofit in the country with an operating budget of over $74 million. The tenant moved into the property in May of 2012 and has had 2% annual rent increases. In May of 2022 and 2023 landlord executed a one-year extension with the tenant to give a future owner flexibility in negotiating their lease terms, changing the use of the property, or even for an owner/operator to buy the facility. They have signed a one-year lease extension until May 31st, 2024. This 74-bed facility is the model template facility for all future facilities. This site has over $500,000 of tenant improvements (paid for by the tenant over the last decade) and all mechanical systems have either been replaced or repaired. The landlord is responsible for the roof and structure. The tenant is responsible for all other costs associated with the property. This property sits on 1.5 acres, improved with a 31,181 SF group home constructed in 1964 & 1984. The tenant has been in existence since 1987, is continuing to add additional locations throughout the United States, and is in a growth mode due to high demand. They maintain a high level of occupancy at or near 100%, with an average stay time of 30 to 60 days. A new roof was installed in 2021.

ID#023924   Approximate Beds/Units:   210-229    Location:  Burnsville, Brainerd, and St. Cloud 

An associate firm is pleased to introduce an opportunity of a lifetime! The Owner is retiring. This is an Assisted Living portfolio with 3 facilities. They are fully staffed, operating, and cash-flowing facilities at $75,000/bed. There is not a better deal in the country! There are 3 mid-market buildings located in Burnsville, Brainerd, and St. Cloud. The buildings are all in good condition. The billing project was just completed with AHI. The owner is implementing a package-based system at market rates and rents. This will be over 2MM of revenue captured in the next 12 months. The portfolio has a 15MM+ upside valuation by simply getting the census back to pre-COVID levels. There are 229 total beds, 210 current licensed beds, current census of 115. They are averaging 15 website leads per week and the census is increasing monthly. All legal work (warrants, title work, etc) has been completed in preparation for a quick closing.

ID#023919   Approximate Beds/Units:  32    Location:  Duluth

An associate firm is pleased to introduce a 42,357 SF Assisted Living Facility with 32 beds near Duluth, MN. The facility is a one-story building that was constructed in 2003 on 1 acre.

ID#043170   Approximate Beds/Units:  28     Location:  Livingston

An associate firm is pleased to introduce a 34,214 SF Health Care Building with 28 beds offered at $3,500,000 at a 6.50% Cap Rate in Livingston, TX. Currently, Polk County Tax Appraisal has a value of $4,000,000 +/-. The occupancy suffered from COVID so residents were consolidated into one Building. The Cap Rate does not foot currently; however, it is a Class A property suffering from low occupancy; however, that could change. It has not yet been chosen to load the facility with a majority of StarPlus Medicaid Residents. There is masonry construction, new roofs, and this is safe and secluded with good ingress/egress to a major highway. Heavy trees surround the property with a pond that backs the rear of Independent Living with +/- 1 acre of undeveloped land.

ID#025818   Approximate Beds/Units:  60    Location:  Kimberling City

An associate firm is pleased to introduce this 41,373 Sq Ft Health Care Facility that was all current and in operation up until December of 2020. It consists of 60 total rooms, plus hallways and common areas for laundry, kitchen, and dining/reception areas. It was leased prior to Covid for approximately $32,000.00/month. In December of 2020 the lease expired, so when Covid hit, it was not renewed. Prior ownership elected to close the facility, and the property was offered for sale in conjunction with the residential units that surround the property. The care facility and parking area lies on 6.2 Acres according to the Tax Map. County Maintenance takes care of the access road right up to the Mailbox. The East wing has full bathrooms in each room. The rest of the facility has common area bath/shower areas just like most nursing Care Facilities. The Facility and the land it sits on is now offered at a 13% cap rate based upon the prior known market rent amount of the facility. The sale includes all personal property and necessary equipment on site. Buyer agent fees of 2% included for any licensed realtor assisting their buyer procure this property. Investment Highlights • Built in 1981 with a new addition and renovations in the Front Dining/Reception area constructed in 2007 • Water/Sewer shared with adjacent properties: A well and sewer share agreement will be included with the property to comprise of 50/50 of the operational expenses and maintenance to be shared with the adjacent neighbor residential properties who are benefiting. • Outflow permits: The MO DNR outflow permit for the hot water boiler has been temporarily modified due to the functional obsolescence of the Boiler Hot water heating system. Each room should have its own heating and several of the common areas are already set up with their own current HVAC. This is a temporary modification to the permit and it is understood that it can be put back in place (there is a process) to any prospective purchaser interested or needing this permit. Permit numbers can be provided for the facility and discussions with the MO DNR are encouraged as part of any buyer’s due diligence. • Generator and Transfer Switch: A 80 KW propane powered generator and automatic transfer switch is included with the property. * Access Easement to the North residential units shall be drafted not less than 30 ft wide across existing roadways/parking areas.

ID#0090168   Approximate Beds/Units:  40    Location:   Hollywood

An associate firm is pleased to introduce a 10,530 SF Assisted Living Facility near Hollywood, Florida. This facility boasts 40 beds and presents a promising investment opportunity in a market with scarce inventory. With a total building size of 10,530 square feet and a generous lot size of 24,385 square feet, this property offers ample space for residents’ comfort and convenience. The sale includes the real estate, the business, business-related licenses, and inventory. The full staff will remain in place after the closing, ensuring a smooth transition for the new owners.

ID#0090171   Approximate Beds/Units:  43     Location:  Lake Worth

An associate firm is pleased to introduce this listing for 2 buildings for Assisted Living/Memory Care with a total of 43 beds. The buildings are very close to one another and easy to operate with only one administrator for both buildings. The owner is a real estate developer and does not manage the daily operation of the ALF. He has a full-time manager and staff that run the facility. Building 1: The first building has been in operation since 2014, and is fully licensed operating 85% occupancy with staff and admin. It has a strong reputation within the community and has established itself as a reliable assisted living/memory care facility. The building is well-maintained and has undergone renovations in 2020-2021. Building 2: This is a newly constructed turnkey building that is currently in the licensing process. The interior of the building features a modern design with an upscale and luxurious feel. It is fully furnished and ready to operate once the licensing is complete. The owner can use the same team to operate this one as well and get this building filled up and unlock its full potential. The current NOI on open building is $350K, pro forma $400K NOI. Both building pro forma NOI $880K. There is Conventional bank and seller financing available. Local municipality laws do not allow for additional facilities of this size category to be built indicating limited competition. There are fire sprinklers, a fire alarm, a generator, an underground propane gas tank, and a commercial kitchen. The property is well-maintained and has a beautifully decorated yard and interior. The occupied building was renovated in 2020 and in 2021 the new building fully was furnished and ready to go.

 

ID#0050518   Approximate Beds/Units: 34    Location:  Kerman

An associate firm is pleased to introduce an Assisted Living Facility/Memory Care Facility currently licensed for RCFE/Dementia with a total capacity of 34 with the potential to increase. This is a newer facility and is an established operating Memory Care Facility. There is a commercial kitchen with a full-time chef. This is a secured facility with ample parking. It is located growth area near Kerman. There is excess land with room to grow. The building is comprised of a total of 15,447 SF. The site is well-maintained, recently built, and is well secured for the residents of this memory care facility.

ID#023921   Approximate Beds/Units:   16+16=32    Location:  Central & Northern MN

An associate firm is pleased to introduce two (2) beautiful, state-of-the-art, 16-unit per-facility, Assisted Living facilities available in Central and Northern Minnesota. There is 24/7 care and supervision by qualified staff. The Owners have multiple locations and are selling the two that are furthest from their corporate office. Priced to sell at $3,300,000 including FF&E and inventory.

 

ID#010817   Approximate Beds/Units: 25     Location:  Marietta

An associate firm is pleased to introduce a newly renovated assisted living facility for sale or lease. The facility has 25 beds and has 11,623 SF on 1.47 acres. The property was built in 1991 and was renovated in 2023.

ID#0090159   Approximate Beds/Units:  26    Location:  Clearwater

An associate firm is pleased to introduce a 6,618 SF Health Care Building with 26 beds. This is a perfect location for your ALF business. This was a pretty busy place until Covid came along in 2020 and the owner was having trouble staffing with all of the issues going on. So they decided to move the patients to another facility as they did not have enough staff for both locations. This is a 26-bed facility (with a license) and room to add 13 more per owner. This place has a great feel to it and the patients loved it. Very unique location and something you just need to see. This is a great value for the right person. Bring this one back to its previous glory and reap the rewards of taking care of some wonderful residents and running an awesome and profitable business. The property size is just under 1.50 acres and is in a great location near Clearwater. No residents at this location now, but it is ready for you to come in and put your personal touches on this great building and location.

ID#0038151   Approximate Beds/Units:  20 Beds    Location:  Tucson 

An associate firm is pleased to introduce the sale of an existing, operating, 20-bed Assisted Living Facility and Business. The real estate is $2,350,000; operating business concern is $50,000. The current occupancy is full – 20 residents. Extra land is available for the construction of a second building. The building size is 7,738 SF.

ID#041322   Approximate Beds/Units:  22    Location:  Salem

An associate firm is pleased to introduce a full turn-key, passive income generating, senior assisted living facility (“ALF”) for sale property that is currently being managed by an experienced senior living management company that handles all of the day-to-day operations of the property. Keeping current management in place is optional but doing so enables a buyer without prior ALF experience to acquire the property and maintain a seamless transition. This is an ideal opportunity for someone looking to convert their capital into a safe and relatively stress-free retirement with a strong upside due to inflation and increased demand from a growing senior population. The property has experienced excellent financial performance and continues to improve. It is located in a rural market with very little competition, only 30 minutes from Sioux Falls and associated commercial growth area on the northwest side of Sioux Falls. In addition, the property has been meticulously maintained for its entire life. The 11,670 SF building sits on a 1.8-acre lot. The 22 units offer assisted living and independent living options. The exterior of the building features a brick and vinyl façade, a covered patio entrance, a circular driveway, and monument signage. On the interior, the building showcases a charming, brick fireplace seating area; a kitchen with multiple ovens, a dishwasher, and a microwave; and an open dining area. The property was also recently renovated with updated interiors in the past three years and new furnaces and air conditioning in the past two years. The property is located near Salem and 18% of the population in the area is 65 and older, providing a wealth of new potential residents.

ID#033104   Approximated Beds/Units:   150    Location:   TBD

An Associate firm is pleased to present a 150+ bed, profitable ALF/MC for Sale in North Carolina. This facility has been achieving profitability at 50-60% occupancy. The facility is located in a well-known, larger, urban area and is coming off a lease. This is primarily a Medicaid facility (older facility). There is also a house, apartment, and small office on the property. The asking price is $5.9M. (10 Cap on recent performance).

ID#022855   Approximate Beds/Units:   100    Location:  Wayne 

An associate firm is pleased to introduce a 14,682 SF Health Care Building with 100 beds located in Wayne, MI. This is a former Assisted Living Facility. The structure is a three-story building constructed in 1974, is situated on 3.8 acres, and was constructed in 1974. There is also an adjacent 5.61-acre lot available for sale. The property is zoned R3 (multifamily Residential District. There are 80 surface parking spaces. The seller is motivated.

ID#032246   Approximate Beds/Units:   30/19    Location:  Suffolk County

An associate firm is pleased to introduce this 10,000 sf Adult Home. This 3-story “mansion” is situated on 2 acres in a quaint North Shore town and is zoned Res/C. This is NOT a nursing home, but rather a residential adult home. This adult home is for residents who just need a little help with their medications or activities of daily living or who are no longer able to do housekeeping, laundry, or meal preparation. The home is not required to have doctors or nurses on staff, but they will coordinate care for residents with these professionals and assist with medication administration. It is certified for 30 beds with 19 bedrooms. This residential setting is within walking distance of local stores, houses of worship, parks, libraries, and the renowned waterfront harbor with its’ beautiful marina. There is a large patio, brick BBQ, gazebo, fish pond, multiple gardens, wildlife, and lush expanses of lawn and mature landscaping which support the ultimate in peace and serenity. The facility is licensed and regulated by the Department of Health. They accept private pay, Medicaid, and Veteran Benefits for payment. This home/facility offers 1, 2, and 3-bedroom units. Fees range from $2500-3,200 per unit. The facility has also enjoyed a long and successful relationship with the Veteran’s Association Medical Center (VAMC) Community Residence Program. Providing supervised housing and healthcare supervision has enabled countless individuals to live safely and achieve a higher quality of life. While the beauty of this 100-year-old mansion is remarkable, what sets this home apart is its’ 40-year history of dedicated support and services to this special needs population.

ID#090178   Approximate Beds/Units:  120+     Location:  Miami

An associate firm is pleased to present a 120+ bed licensed Assisted Living Facility located in Miami. The physical property consists of 34,232 SF of useable space with a total of 120+ licensed Assisted Living beds. The property has been fully renovated and is in excellent condition. There is no major deferred maintenance. There are two brand new 100kw generators that power the entire facility, all new impact windows and doors, new kitchen equipment, and a new walk-in freezer. The facility is 74.6% occupied. The pro forma NOI: is $1,574,440 and the pro forma CAP Rate: is 10.67%.

ID#033103   Approximate Beds/Units:   96    Location:  Greensboro

An associate firm is pleased to introduce a 37,612 SF Health Care Building with 96 beds offered at $4,600,000 in Greensboro. This is a 4-story building that was constructed in 1985 on 1.5 acres.

ID#038255   Approximated Beds/Units:  TBD    Location:  Oakmont

An associate firm is pleased to introduce a 39,124 Sf Building on 1.35 Acres located on Oakmont. This is a 2-story vacant building. It is ideal for an Assisted Care Facility. The facility has a full kitchen with two community rooms, an outdoor patio area, an elevator, and is ADA-accessible.

ID#049340   Approximate Beds/Units:  20    Location:    Pulaski

An associate firm is pleased to introduce an Assisted Living Facility with 20,404 SF. The facility includes 22 individual rooms with private bathrooms, a one-bedroom manager’s unit with a living room, a bedroom, and a private bathroom, a two-bedroom apartment with a living room; an office, and a kitchenette. The building also includes a partial, partly finished basement area containing about 2,891 SF, a workshop and five-car attached garage, and a 360 SF attached greenhouse.

ID#044662   Approximate Beds/Units:  50     Location:  West Jordan 

An associate firm is pleased to introduce a 23,187 SF Health Care Building offered at $6,000,000 in West Jordan, UT. This property was built as and is currently being used as an Assisted Living Home. There are two separate buildings, one built in 1998 and the other in 2007 and both updated in 2015. The facility is well-maintained with newer flooring and paint, updated kitchen, and baths. There are 50 rooms total, each with its own bathroom plus 4 main living and TV rooms, 4 dining areas, one large central kitchen, and 2 smaller kitchens. Also, there is a covered entry/drop-off area, 26 parking stalls, two storage garages, and good outdoor space.

ID#044661   Approximated Beds/Units:  20     Location:  Cedar City

An associate firm is pleased to introduce a property that was built and is currently being used as an Assisted Living Home. The facility was built in 2018 and is very well maintained. There are 20 suites, each with its own 3/4 bathroom with a roll-in shower. There is also a generous main living room with a fireplace, a large open kitchen and dining area, a public restroom, and a salon. There is an upper-level mezzanine for storage. Outdoors is a dedicated drop-off area, 35 parking stalls, a secured outdoor patio, and yard space. The facility is on 1 acre with the additional 3.5 acres of R-3-M zoned vacant property for future development.

ID#043171   Approximate Beds/Units:  241     Location:  Tomball

An associate firm is pleased to introduce a 10,190 SF Health Care Building with 241 beds offered at $3,820,000 at a 5.50% Cap Rate in Tomball, TX. There is an Absolute NNN Lease, fee simple ownership, and zero landlord responsibilities. The tenant has over 11.5 years of firm term remaining with 3 (5-year) option periods left to extend. The lease features 2% annual rental increases throughout the initial term and option periods, growing NOI, and hedging against inflation. The lease is personally guaranteed – tenant and guarantors are to report sales upon request. There is a well-known and established tenant.

ID#043168   Approximate Beds/Units:  16     Location:  Conroe

An associate firm is pleased to introduce an excellent opportunity to own a fully licensed, fully operational, assisted living facility. This recently remodeled facility is licensed for 16 residents. In addition, 5 independent living cottages are currently rented (at the time of listing) and hookups are in place to add 7 more cottages. All are located on 10.46 beautiful acres with plenty of room for expansion. The property boasts a stocked pond with paved walking trails. The home has a recently installed Generac generator and has 8 private rooms, 4 semi-private rooms (double occupancy),  large common areas both inside and out, a salon, dining room, two large shower rooms, on-site laundry facility, TV lounge, offices, and much more. There is easy access to FM 3083, FM 1485, HWY 105, and minutes from I-45.

ID#042328   Approximate Beds/Units:   166/83 & 14/14    Location:  Harriman 

An associate firm is pleased to introduce a vacant Care Center located in Harriman, TN. The facility has 54,899 of total SF and is situated on 4.63 AC with 76 parking spots. The property was constructed in 1966 and had a total renovation in 2009.

Unit Mix: 14 Private Rooms – 14 Beds 83 Semi-Private Rooms – 166 Beds

Additional amenities include a commercial kitchen, commercial laundry, dining room, and offices. All furniture, fixtures, and equipment are included in the sale.

ID#041320   Approximate Beds/Units:  21    Location:  Sioux Falls

An associate firm is pleased to introduce an Eastern South Dakota Assisted Living Facility with 21 beds. The price was just REDUCED! Built in 1995, this property is in excellent condition, has been recently updated, and has been meticulously maintained.​ The property is about 90 minutes from Sioux Falls, SD.​ The facility has a very strong financial performance history for two decades.​ This is attractively priced at an 8%+ cap rate.​

ID#040315   Approximate Beds/Units:   40    Location:    TBD

An associate firm is pleased to introduce a 40-bed ALF in the Scenic South Carolina Moutain/Lake Community with an additional two (2) homes on the Property. This is perfect for a small owner/operator who can opt to live and work on the property. The facility is located in a small retirement town near other thriving metro areas. The facility has an older building with a blend of private and Medicaid residents. The facility is just a few miles from a well-known, highly desirable lake. It is profitable. You can make a good living caring for aging seniors in a great, quiet, and scenic retirement location. Asking $1.7M or best offer.

ID#037249   Approximate Beds/Units:   39    Location:  Springfield

An associate firm is pleased to introduce a 17,738 SF Health Care Building in Springfield, OR offered at a 9.45% Cap Rate. The facility 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. In the floor plan overview, 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.  Additionally, 26 of the 30 rooms have private half-baths and 4 rooms (2 sets of rooms) have shared/adjoining half-baths. The property also includes an additional undeveloped parcel of ±1.40 acres.

ID#037247   Approximate Beds/Units:   30    Location:  Bandon

An associate firm is pleased to introduce a 30-bed Memory Care Facility with 18,200 SF offered at a 25% Cap Rate in Bandon, OR. Take advantage of an amazing investment and business opportunity with this 30-bed residential 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 have 1,088 square feet. There is a large kitchen, dining area, and living area 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 a memory care or adult care facility. There is also land for potential expansion/development.

ID#037246   Approximate Beds/Units:   34    Location:  Nehalem

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 the minimum 20% affordable occupancy requirement. The facility was constructed 1997 as an Assisted Residential Care Center/Senior Living Residence. There are (10) One Bedroom Units and (24) Studio Units. The facility includes a lobby, a commercial kitchen, a dining room, laundry, offices, and a central patio/garden. The property is vacant. There is also a similar facility, in Tillamook, built in 1994, available for sale.

ID#033102   Approximate Beds/Units:   100    Location:  Greensboro

An associate firm is pleased to introduce a former Assisted Living Facility available on 7.01± acres with 100 beds. This is a great opportunity for a new user to take over an existing facility that features a commercial kitchen, dining area, recreation area, and other amenities. In addition to the assisted living facility, there is a duplex on the property. This site is surrounded by commercial and residential users.

ID#033100   Approximate Beds/Units:   66    Location:    Raleigh

An associate firm is pleased to introduce a Former Term Care facility building. It is now vacant. The facility was previously licensed for 66 seniors. Could be converted to Independent Living with services. The building is approximately 14,000 SF on one level. Some rooms have half baths and others are served by community baths/spas. The main building was constructed in 1999. A lease to purchase or some owner financing may be available. It is located in an emerging, stable residential location just minutes from Raleigh.

Haven Senior Investments is pleased to introduce a 50-bed Assisted Living Facility. This is a turn-key investment with experienced, long term staff in place. The facility is a newly remodeled community in a desirable and quiet neighborhood. It has a stellar reputation and very stable occupancy. It is the sole facility within a 20-mile radius providing Assisted Living and Memory Care services and is located just blocks from the Medical Center. The resident units include kitchens, private bath, walk in shower and large closets. This 5-apartment community is large enough to provide economies of scale to maximize business operations yet cozy and warm enough to feel like home. Although the community has 50 separate units, the facility is licensed for up to 66 residents. Highlights include a total AL Units of 50 that are all-private. There are 12 deluxe 1 BRs w full kitchens & patio, 10 deluxe 2 BRs w full kitchen & patio, and 28 Standard 1 BRs w kitchenette. The average rent is $3,137 and the occupancy is at 95%.

ID#026942   Approximate Beds/Units:   26    Location:  Ft. Benton

An associate firm is pleased to introduce a 22,640 SF Health Care Building in Fort Benton, MT. It has 26 beds and is offered at $2,900,000 with a 7.50% Cap Rate. The facility was constructed in 2019. This is a Single Tenant Real Estate Investment: NOI $217,500.00 per year, $18,125.00 per month, and an NNN Lease Tenant. Located on the banks of the Missouri River in the Golden Triangle of Central Montana, Fort Benton is one of the oldest communities in Montana. Established in 1846 as an American Fur Company Trading Post, it remains one of the prettiest little communities in the West today. The Business is for sale as well for an additional $400K.

ID#024935   Approximate Beds/Units:   54    Location:  Southeast Mississippi

An associate firm is pleased to introduce a 54-bed Assisted Living Facility in southeast Mississippi. A value-added investment. The facility needs hands-on management and marketing for growth. The current owner is out of state. It is operating at breakeven with 21 residents and has substantial growth opportunities. The property has a 25,000 square foot building, modern furnishings, and good demographics. The price is $2.65 million for real estate and operations.

ID#022864   Approximate Beds/Units:  30    Location:  Near Grand Rapids

An associate firm is pleased to introduce a beautiful building with a state-of-the-art design. This is a 30-bed facility that has room to grow by $1000 per bed to stay with going rates locally. The facility is fully remodeled and a new addition with two licenses. There is a new steel roof and it is in immaculate condition with a new outside courtyard and pergola. The facility has a great reputation, a waiting list, and long-term staff. It is turn-key ready with great cash flow. This is a once-in-a-lifetime opportunity. Only memory center in town that has secured doors. It is a top-rated assisted living center with a full waiting list. It has a very active FB and website. The owner is looking to increase the monthly rate for all residents by $250/month with a cost of living increase which will increase revenue by almost $100,000/year which is all profit. The seller will stay on board for the first 90 days, then be available by phone and to help oversee the first year. It is a very profitable and beautiful center with a top-notch reputation. The center, staff, and residents are all amazing! This business is located just outside of Grand Rapids, MI.

ID#022859    Approximate Beds/Units:   20+16=36    Location:  Auburn

An associate firm is pleased to introduce a turn key Assisted Living Facility with optimized systems, policies, procedures, and is in good standing with all licenses needed. This is a Portfolio that consists of 2 separate buildings. One building is an Assisted Living Facility with 20 beds, the other is Senior Apartments with 16 beds.

Haven Senior Investments is pleased to introduce a 27,872 SF Assisted Living Facility with 48 Units. The facility is currently at 100% occupancy. This is a turn-key investment – $1,200,000 NOI, 15$ Cash on Cash (approx.). The facility has high-end appointments and built-in management. There is a dedicated and stable staff. The facility caters to high-end memory care residents and maintains a waiting list. It is a vibrant community and has local culture. There is very strong market demand.

ID#013714   Approximate Bed/Units:  TBD    Location:  Adams County, Suburban Central Illinois

An associate firm is pleased to introduce a lovely twenty-year-old retirement and assisted living facility, on 7 acres in suburban central Illinois, providing residential care for seniors with excellent reviews. The facility is adaptable for smaller group homes. The business is consistently profitable and cash flows from the purchase of the real estate. There is room on the property for expansion to increase residential capacity by 25% and more. The facility opened in 2002 with the first 4,200 sq ft building containing 8 units. Three additional buildings have been added, two with lower levels and additional apartments. The facility has developed an excellent reputation and has been consistently full.

ID#0090177   Approximate Beds/Units:  110     Location:   Hollywood

An associate firm is pleased to introduce a 28,798 SF Assisted Living Facility with 110 beds offered at $12,900,000 at an 8.68% Cap Rate in Hollywood, FL. This is a turn-key fully licensed ALF in South Broward area. Real property & business are included in the price. There is over $1mil net income.

ID#0090175   Approximate Beds/Units: 135     Location:  Sanford

An associate firm is pleased to introduce a 38,481 SF Health Care Building with 135 beds offered at $10,900,000 at a 10.20% Cap Rate in Sanford, FL. The facility is fully licensed and operational. The staff will remain after closing. The sale includes real estate, business, and license.

ID#0090174   Approximate Beds/Units:  90     Location:  Sumter County

An associate firm is pleased to introduce a rare opportunity to purchase an existing 90 PLUS/MINUS bed Assisted Living & Memory Care Facility. The facility is in a great location near other major hospitals. The existing ownership has kept the property in excellent condition. This is a great opportunity for an experienced ALF or an ALF management company to enter the Center Florida Senior Living Market.

ID#0090172   Approximate Beds/Units:  40/60     Location:  Pensacola 

An associate firm is pleased to introduce an Assisted Living Facility with 42 rooms/suites. It is “Class A” in design, construction, and finish. This facility reached 40 residents within 3 months of opening. It was expanded to increase its capacity to 60 residents. The property has excess land that could easily accommodate additions to the facility. The entire facility was completely remodeled before opening. This remodel included a new roof, tile, kitchen, and bathroom faucets/showers. The kitchen has been completely remodeled to include stainless steel tables and appliances. Additional updates to the facility decor and common area furniture have been made in 2022.

ID#0090167   Approximate Beds/Units:  30     Location:  Miami

An associate firm is pleased to introduce a unique opportunity for investors! Located in a quiet residential community in premier Miami Beach this corner lot, the free-standing, property is zoned for multifamily with an assisted living facility tenant (NNN) in place with 4+ years remaining on the lease. This 6,604 SQ FT property, secured with a wrought iron fence and gate, consists of 30 units, 14 bathrooms, a kitchen, a dining area, and multiple outdoor seating areas, including a covered patio. Only two blocks from beach access.

ID#0090165   Approximate Beds/Units:  35     Location:  Ft. Lauderdale

An associate firm is pleased to introduce a 5,477 SF Assisted Living Facility with 35 beds at an 11.69% Cap Rate in Fort Lauderdale. This facility is 100% occupied with a waitlist. The physical property consists of two buildings with a total of 5,507 SF and is well situated on a large 15,565 SF lot. The property has 16 rooms with a total of 35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents and a waiting list. The experienced staff will remain after closing. The facility is scheduled to generate over $1.2mil in gross revenue in 2022 and net $526,193 a year. This income provides a strong 11.7% capitalization rate at a full asking price. This is an excellent investment opportunity in a market with very limited inventory.

ID#0090160  Approximate Beds/Units:  73     Location:  Central South

An associate firm is pleased to introduce a fantastic opportunity to own a 73-bed ALF in Central South Florida. The facility has Three buildings soon to be licensed for 73 beds. (37-38 bedrooms) on a 1.1-/+ acre parcel and has 47,916-/+ SF. The property includes one two-story building with an apartment on the 2nd floor and storage on the 1st floor. There is room to expand the existing structures. The property has been completely renovated in and out. It is a must-see property. For over 20 years it was licensed with Standard & LMH licenses and serviced the LMH and subsidized residents. The facility includes an office, laundry room, nurses’ station, dining room, commercial kitchen, etc. The asking price is $2,490,000 cannot beat this low price of $34,109 per bed. The property is located in the quaint & charming Downtown Historic District with stores, shops, trees, and benches. The current owner still performing some work. Once the facility begins to admit residents with an occupancy level of 20%-30%, the price will go up. Take advantage now and buy it for the lowest price!

ID#0090158   Approximate Beds/Units:  12-22     Location:   Dover

An associate firm is pleased to introduce a 5,132 SF Health Care Building. The previous 12 beds are being renovated to 22 beds. According to caring.com “Top 10 Assisted Living Facilities in Dover, This is #1”. This could be a gold mine opportunity to not only have a profitable ALF but to also include memory care which could increase the bottom line significantly. This 12-bed Assisted Living Facility is being expanded to 22 beds in the existing building which will also significantly increase the bottom line. The property is situated on 4.4 acres of park-like grounds in Dover, (Hillsborough County) Florida where residents find their home away from home in a home-like atmosphere. This Dover ALF is convenient for doctors and hospitals. This ALF has a new fire sprinkler system and a newly upgraded air conditioner from 3.5 tons to 5 tons. “BONUS”: There is a separate 2 bedroom, 1 bath 800 sq. ft. house with a new roof in front of the ALF for the owners to live in or it could be a rental for extra income. Additional “BONUS”: There is also a separate 200 sq. ft. unit with a full bathroom currently rented. Both bonuses are not attached or part of the ALF facility.

ID#022861   Approximate Beds/Units:  20    Location:  Portage

An associate firm is pleased to introduce a beautiful newly constructed 20-bed Assisted Facility with a fully transferable assisted living license. The facility includes a full kitchen, laundry, beauty shop, and spa. The sale includes all the fixtures, furniture, and equipment. The property is located along Centre Avenue, a highly traveled to and from work corridor close to services. It is within a stone’s throw of a brand new $12M senior center. The facility is situated on 2.39 acres and designed for 20-room expansion.

ID#0050517   Approximate Beds/Units:  58-60     Location:    Turlock 

An associate firm is pleased to present a Senior Living Facility. The asking price is $3,395,000.This is an investment for an owner user or institutional purchase and can increase the number of units for independent units up to 80 units on top of what’s already there. The square footage is 18,900 and the price per square foot is $179.63. The Pro-Forma Cap Rate is 19.00% with a Pro-Forma NOI of $645,000. The number of beds is 60. There are 2 stories. The Lot Size (acres) is 1.53. There are also 12 Hospice Waivers.

ID#0050516  Approximate Beds/Units:  40     Location:  Bakersfield

An associate firm is pleased to introduce a 6,729 SF Assisted Living Facility with 40 beds offered at $2,400,000 in Bakersfield, CA. This is a well-established facility.

ID#0038156   Approximate Beds/Units:  111     Location:  Peoria

An associate firm is pleased to introduce a state-of-the-art Senior Living and Memory Care facility located in Peoria, Arizona, directly across from a retirement community licensed for 111 beds (90 Rooms). There are 75 beds are licensed for Directed Care (Memory Care), which allows for the highest level of care and 36 beds are licensed for Personal Care (Assisted Living). The Assisted Living facility has a separate Memory Care wing with four different floor plans to choose from. The facility is a two-story building that includes a business center, beauty salon, library, game room, theater room, full gym, MedyJet massage bed, arts and crafts room, dog park, and a beautiful courtyard for residents to enjoy year-round. There are also two stand-alone electric charging stations (4 chargers) valued at $30,000, that were installed in 2021.

 

ID#0038155 – Approximate Beds/Units:   123    Location:   Tucson

An associate firm is pleased to introduce an Independent Living, Assisted Living, and Memory care Facility. Independent Living offers beautiful apartments with all the comforts of home. Located in Northwest Tucson, the uniquely designed custom villas allow residents to age in place with all the comforts of home, all under the backdrop of the beautiful Sonoran Desert. The property has 5 existing Villas and a 1.5-acre lot that is entitled to build an additional 55 Independent Living units. The property is professionally managed and is positioned for substantial growth. Villa 1 – 1.5 Acre lot for additional 55 rooms – Independent Living. Villa 2 – Currently has 16 Assisted Living Rooms. Entitlements allow for future development with Villa 2 being demolished and combined with Villa 1 to build 55 additional Independent Living units. Villa 3 – 22 rooms – Memory Care Villa 4 – 16 rooms/31 beds – Memory Care Villa 5 – 27 rooms – Assisted Living Villa 6 – 27 rooms – Assisted Living The Villas are all licensed for Memory Care, which is the highest level of care. Under this license, all rooms can operate as either all Assisted Living, all Memory Care, or both. Amenities will include exercise & wellness centers, a full-service beauty salon, activity & media rooms, community computer stations, scenic paths & tranquil vistas, housekeeping & laundry service, beautiful dining areas, chauffeured transportation, and an emergency call response system.

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