Senior Housing and Assisted Living Facilities for Sale in Rhode Island

This purpose-built community offers 60+ beds. Located in a Certificate of Need (CON) state, this property benefits from significant barriers to entry, ensuring a secure market position. The property spans 35,000+ square feet and has undergone extensive interior renovations to create a modern, resident-focused environment. Ongoing exterior improvements, including re-siding, painting, and parking lot resurfacing, further enhance its appeal.

Operationally, the community boasts strong stability with an average occupancy rate exceeding 85%. It has generated a defensible EBITDAR of over $1.18 million with an operating margin of 32.6%, demonstrating high demand and operational efficiency. Strategically located in a thriving region with favorable demographics, excellent healthcare infrastructure, and robust local economic indicators, this property offers proximity to major transportation routes and leading healthcare providers, ensuring convenience for residents, families, and staff.