ID#032524ย ย Approximate Beds/Units:ย 31ย ย Location:ย Walworth
Another firm is pleased to present an upscale senior living community investment property in Walworth, New York. This high-end senior living apartment complex is a meticulously maintained property that caters to the growing demand for quality senior housing in a desirable community. Situated on an approximately 2-acre site, the property also includes an approved expansion opportunity for an additional 20-unit apartment building on the same parcel, allowing investors to capitalize on the increasing need for senior living accommodations. This potential addition will be a one-bedroom, and two-bedroom combination apartment building stamped with architectural and civil drawings, ready for construction. The existing structure is a 30,088 SF building comprised of 31-units, all being spacious 1-bedroom apartments. Built in 2016, the property offers very low maintenance or management involvement. Strategically positioned in the heart of Walworth, a charming town in upstate New York known for its welcoming atmosphere, comfortable living and excellent quality of life. Residents enjoy a peaceful suburban environment, complete with scenic landscapes, access to nearby parks, and a tight-knit community feel. Despite its serene setting, Walworth offers convenient access to Rochester, located approximately 20 miles away, providing residents with easy access to healthcare services, shopping, dining, and cultural attractions.
For investors, this offering represents an exceptional opportunity to own a stable income-producing asset with built-in growth potential. The high demand for senior living options, combined with the potential expansion, ensures long-term value appreciation. The current property is fully leased with zero vacancies and future rent increases and lease renewals which underscore its appeal and the strong market fundamentals of the area. Additionally, the expansion potential provides an investor with the flexibility to meet the future housing needs of this growing demographic. This is a rare chance to acquire a high-performing asset in a sought-after location with substantial upside potential. Don’t miss out on this opportunity to invest in one of Walworthโs most desirable properties.