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Tag: Senior Housing Investment Frederick Senior Housing Investment Frederick

An associate firm is pleased to introduce an Assisted Living that is a 24 licensed bed, phase I, Assisted Living Facility in near Centerville. The facility consists of 2 buildings. One building has an additional manager’s quarter or office/storage with two separate rooms (non-licensed) apart from residents’ living areas. Buildings have versatile layouts and buyers can get creative with potential different uses.
PROPERTY OVERVIEW:
Roof replaced, 2019; New gazebo, 2021; New fencing, 2021; Fitness room, 2021; West House – replaced 2, 3ton AC units, July 2020; West House – full duct cleaning, August 2020; West House – common bath remodel, May 2021; West House – new LVP waterproof flooring in common areas/hallways, May 2021; East House – washer & dryer replaced, March 2021; East/West House – dishwashers replaced, February 2021.
Total Square Feet: 7,681 SF
Land Area: 0.715 Acres
Units/Beds: 22/24
Price Per Unit: $109,000
Price Per Bed: $100,000
Building 1 Year Built: 1995 | Building 2 Year Built: 2018
• Both buildings have received significant capital expenditures since February 2020.
• Each building has 11 units. Two units can accommodate double occupancy.
• Garage has been refurbished into a bedroom for night shift personnel.

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 report and building plans available upon request.

An associate firm is pleased to introduce a newly renovated assisted living facility for sale or for 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.

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 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 it’s 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.

An associate firm is pleased to introduce an Opportunity to own three (3) Residential Care Facilities for the Elderly (RCFE). Two (2) facilities are immediately available for purchase and the third facility is going thru a large building addition; the construction will be done at the beginning of 2025. Initially, you will own and operate two of the facilities. You will have the third facility under contract until the construction is completed and then the purchase transaction will be completed. The first two facilities have a total of 29 beds and the third facility will be licensed for 60 beds. The total bed count for all three facilities will be 89 licensed beds. The two facilities for sale right now are the ones located in: near South Redlands and Angelus Oaks (15 miles NE from Redlands). The third facility is also located in Redlands. In the purchase contract it will have a “first right of refusal” clause to purchase the third facility at appraisal value at time of completion. Once you have all three facilities, you will have the largest market share in the greater Redlands area, under the current operating business model. The brand is the premier brand in the greater Redlands area. You are purchasing a brand that denotes quality and value. They will also be providing a transition period upon which the current Executive Director and CEO will both help with the transition by providing training and support to facilitate a successful transition to the new ownership team. The RCFE industry will sustain an annual growth rate of over 18%. This is one of the higher growth industries in the inland empire. Plenty of growth opportunity abounds. The only limit is your ambition. **Note: The data being provided is just for the two facilities being sold now.**

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 construction of a second building. The building size is 7,738 SF.

As associate firm is pleased to introduce a 38,979 SF Health Care Building with 72 beds near Weston, WI. This CBRF was designed to provide care for seniors suffering with Alzheimer’s disease or dementia. There is also brand new, commercial grade equipment. Property Features: Assumed adequate for use with expansion, a 800 amp 3 phase power system, 2 gas water heaters, heat and smoke detectors, a fire alarm system, and a full kitchen with a walk-in cooler/freezer. The facility can also be leased. There is also 3.55 acres of excess land.

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 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.

An associate firm is pleased to introduce Two (2) one-story assisted living communities consisting of one and two bedroom apartments. Averaging greater than 80% occupancy and record income levels (Feb 2023). They have been family owned and operated for over 30 years. Both facilities have 3 levels of care available to all residents. The independent living services include utilities (excluding telephone and cable tv), three daily nutritionally balanced meals developed with dietary consultants, emergency pull cords, scheduled activities throughout the entire day every day of the week throughout the month, light housekeeping, linen services, in-room dining service available, weekly trash service, and free access to washers and dryers. Assisted living includes all the above as well as ordering, administering, and monitoring of medications, scheduling of physician appointments, assistance with personal hygiene, grooming and dressing, assistance to meals and activities, with weekly housekeeping, and full laundry services.
Location one is assisted living is a 73-room, 72,000 sq ft facility licensed for 100 beds and is currently 80% occupied and is located in near Bixby. This facility was built in 2001 by the current management company. It features large common areas including an activity room, a fully staffed dining room, and commercial quality kitchen. There are both 516 sq ft single rooms and 936 sq ft double apartment-style suites available for rent. Each unit has access to a picket fenced patio for enjoying the fresh air anytime of the day. There are two 65,000 square foot lots in front of this location that would allow for an extended facility or private residences with the assisted living services.

Location 2 is Retirement Center that has 81 room. This 58,000 sq ft facility is licensed for 80 beds and currently is 84% occupied. It is located near Muskogee, Oklahoma. This facility was built in 1990 and features large common areas including a library, an activity room, a fully staffed dining room, and commercial quality kitchen. There are both 380 sq ft single rooms and 740 sq ft doubles.

Both facilities are in great condition. They are hosting about 80-85% floating occupancy. This business is an established franchise. FFE is included in the asking price.

An associate firm is pleased to introduce a 51,055 SF Health Care Building with 107 beds near Miles City. The facility recently ceased operations as a skilled nursing home and is offering the facility for sale. The operation is licensed for 107 beds in 55 rooms. Some of the rooms have been converted to 2 room suites. The facility has a full service commercial kitchen, laundry, and housekeeping and nurses stations. The original building is 1973 construction, the second addition was constructed in 1988, and the final addition was built in 1994. The facility had a third party facility condition report completed in July 2022. The report found the facility to be in good condition and repair. The property has had recent renovations of paint, flooring, and some room remodels. The roof was replaced in 2019. A 95Kv back up generator was replaced in 2019. The facility is in a good location near a healthcare facility and out of the flood zone. The operators license will not automatically transfer to a new owner. The State must approve the license. The property could be converted to assisted living or congregate living.

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 property. The asking price is $5.9M. (10 Cap on recent performance).

An associate firm is pleased to present a rare opportunity to purchase this newly renovated building that was previously an Assisted Living Facility! The current ownership has remodeled this property with all of today’s modern construction standards. Upgrades include a new roof and flashing ($345,758), new acrylic smooth stucco exterior ($167,750), new windows and doors, fire sprinkler system, camera and automated LED lighting ($21,000) and upgraded HVAC and ducting system ($53,000). The building includes a commercial kitchen with commercial appliances included in the sale. The property is surrounded by new landscaping, two gated parking lots with 45 total parking spaces and a local park next door. This property is perfect for a an assisted living, congregate living, or memory care. The Architect that provided the conceptual floor plan is confident that this building and his layout could work for a 24 bedroom facility.

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

An associate firm is pleased to introduce this 42,220 square foot Assisted Living Facility that features 120 state-licensed beds and is situated on 3.6 acres. It is conveniently located in North Carolina near Raleigh, Durham, and Chapel Hill. Many new furnishings and more coming.
The tenant operates the Assisted Living Facility and has 9 years remaining on a triple net lease. Current rent is $35,000 per month with an escalation to $47,000 a month once certain occupancy levels are met. Net operating income is $420,000 per year and could increase once the occupancy target levels are met in the lease agreement.

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

An associate firm is pleased to introduce a 10,000 sf Adult Home This 3-story “mansion” is situated on 2 acres in quaint North Shore town and is zoned Res/C. This is NOT a nursing home, rather a residential adult home. This adult home is for residents who just need just a little help with their medications or activities of daily living or who are no longer able to do housekeeping, laundry and meal preparation. The home is not required to 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 B-B-Q, gazebo, fish pond, multiple gardens, wildlife, and lush expanses of lawn and mature landscaping 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. Home 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.

Haven Senior Investments is proud to introduce a Memory Care business and portfolio that was founded by an RN in 2010 and is based on her belief that there is a better way of providing a safe, secure environment for persons with dementia related illnesses. The communities are specifically designed to complement the needs of individuals with dementia. The portfolio consists of three campuses and a total of five 12-unit buildings. Each of the campus locations is within an hour drive time and provides market coverage in the southern Illinois and St Louis area. The buildings are extremely well maintained and were constructed between 2011 and 2018. Each building has twelve private suites with ensuite bathrooms and are spacious enough to allow residents to bring their personal belongings and furnishings to have familiar things surrounding them. The design and size of the floor plan provides for ease of movement for the dementia resident without an overwhelming feeling of being lost. Demand is strong for memory care in this region as exhibited by the needs analysis reports attached to this offering. This facility is currently operating at 100% occupancy with a wait list. Staffing has been a recent challenge for the owners, so they have opted to consolidate and leave one of the buildings unoccupied. The financials presented represent the historical and current operations of the 4 fully occupied buildings. The offering does include a fifth building, which is currently vacant by choice.

VALUE HIGHLIGHTS: 4 fully occupied buildings producing over $700,000 NOI. The offering includes a 5th building on campus currently vacant by choice and is ready for buyer to lease up. There is a solid need for memory care in the local market as evidenced by the Needs Analysis Report (available for review). There is the ability to significantly increase NOI: Bringing 5th building online increases NOI by $180,000, normalizing expenses to industry standards adds another $233,000 to NOI. The Facilities are strategically located within an hour’s drive of St. Louis, MO, Terre Haute IN and Champaign IL. The Resident Manager/Director oversees operations at each location for turn-key operation. The business maintains an outstanding reputation in the industry.

VALUE PROPOSITION: BRING 5TH BUILDING ONLINE. The 5th building on campus is furnished and ready to be brought on line by a new owner. The current waiting list and NIC MAP Vision Data indicates plenty of need for 5th building = Increases NOI by $180,000 and NORMALIZE EXPENSES TO ACHIEVE INDUSTRY MARGINS – a profit margin of 27% increases NOI by another $233,000.

An associate firm is pleased to introduce a property that consists of 34,232 SF of useable space with a total of 120+ beds 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. Pro-Forma NOI: $1,574,440 Pro-Forma CAP Rate: 10.67%

An associate firm is pleased to introduce a a rare and unique opportunity to reposition an entire 13,319 square foot former care facility that is now fully in the prime Silver Lake neighborhood of Los Angeles steps away from Sunset Blvd. The building is a three-story, 1964 construction build, that consists of 26 residential rooms. The current layout is as follows- the ground floor features a large commercial kitchen with adjoining cafeteria for serving food and dining, laundry facility, storage room, two traditional apartment units (each with own bathroom), and a large outdoor patio that stretches the length of the property. The second floor offers 16 rooms of similar size with each sharing Jack and Jill style showers and each having their own toilet and sink. There is also a large common meeting area on the floor along with small office/administrative spaces. The third floor has eight rooms that are the same layout as the second (ground) floor and has full access to a rooftop deck with sweeping views of downtown LA and the surrounding neighborhood. The property also includes a non-operational elevator that services all floors of the building in addition to staff bathrooms on each level. Currently the property is categorized as Institutional – Homes for Aged and Others. Historically the property has operated as a home for disabled adults, though it has been vacant since summer of 2022. In the past 24 months there has been paperwork submitted to the city for application to change the use code to residential living (buyer to verify). The property is not subject to the Los Angeles Rent Stabilization Ordinance or California’s AB 1482 law (per ZIMAS). The building is effective in housing a large amount of people- in it’s past use it was licensed to house 49 people and most rooms were housing two people. It could be possible with every room at double occupancy to house 54 people in the building total. With the large industrial kitchen, cafeteria space, and multiple large common areas- this is an ideal property for dense co-living.

An associate firm is pleased to introduce a 100% occupied, 24-unit, licensed Personal Care Home Facility, with waiting list, in the heart of Dalton, GA. This ±12,213 SF facility offers 6 spacious suites and 18 charming studios, all with inviting porches that overlook beautifully landscaped grounds. Residents will enjoy the tranquil and rural setting that’s conveniently located within the city and only 2 minutes from I-75. The facility features a lovely award-winning vegetable garden, walk paths, and a cozy gazebo, making it the perfect place to relax and unwind. Safety and security are top priorities at this gated community, equipped with video cameras that ensure residents feel secure and protected. The facility includes a 7,000 SF basement with garages and storage, a ±1,100 SF staff apartment, and an unfinished portion that could be converted into an activity room for current residents. The demand for assisted living units within a 5-mile Primary Market Area (PMA) is increasing with a projected demand of 65 units in 2027, representing an 116.6% increase. With 14.7% of the senior population aged 65+, this facility provides an excellent opportunity to meet the growing demand for senior housing. The average cost of assisted living in Dalton, GA is $3,100 per month, making this facility an affordable option for seniors. The average net worth for ages 75+ within the PMA is $1,088,741, the average household income for ages 75+ within the PMA is $62,090, and the average home value within the PMA is $233,433. U.S. Census disability statistics for Dalton, GA reveal that 34.4% of the population have ambulatory difficulty, while 28.5% require independent living. This facility is designed to cater to the unique needs of these seniors, ensuring they receive the care and attention they deserve. Currently, the facility generates a gross income of $921,600 per year, with a net operating income (NOI) of $490,121 With its impeccable design, stunning location, and excellent income potential, this facility presents an outstanding investment opportunity for those seeking to make a difference in the lives of seniors in Dalton, GA.

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. 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 a securable file cabinetry, monitoring screens for each room and telephone lines. Each of the two floors have office rooms for support staff, x-ray 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 is 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.

An associate firm is pleased to introduce this offering that encompasses a 5-acre campus, located in Dahlonega, which includes two facilities, totaling 48 beds. The two facilities are as follows: Facility #1 is a 24-bed licensed Personal Care Home facility, and Facility #2 is also a 24-bed licensed Personal Care Home facility. Nestled in the foothills of the Blue Ridge Mountains and the Chattahoochee National Forest, Dahlonega is the perfect destination for retirees seeking an authentic mountain getaway only an hour north of Atlanta. Dahlonega offers the best of both worlds: a peaceful retreat in the mountains as well as proximity to the University of North Georgia. The University of North Georgia, accompanied by its charming Downtown area, which is listed on the Historic Register, are just 12 minutes from the subject property. Both facilities include a professional kitchen, warm-up kitchen, sprinkler systems, beauty salon, large rooms with private full baths which are also equipped with refrigerators and microwaves as well as a gas-powered generator. According to a public source, Seniors in Dahlonega pay an average monthly cost of $4,263 for assisted living, which is a little cheaper than the national average but higher than the state average. The subject property’s rent averages $2,296.94 under the State CCSP program and has a strong cash flow. Combined gross income is $972,998.63. The total demand for assisted living in the 17-mile primary market area (PMA) is 436 units today, growing to 589 by 2027, an 35.12% increase. There is a total of 375 assisted living units (including the subject property) within the PMA, with 0 units currently under construction. The unmet demand for assisted living units in the Dahlonega PMA totals 61 units, growing to 214 units by 2027, an 252.8 % increase.

An associate firm is pleased to introduce an 85,000 SF Health Care Building with 120 beds offered at $6,000,000 in Olympia Fields, IL. The facility was constructed in 1955 and sits on 22 acres. There is plenty of property for expansion pending use approval and the existing facility can be reconfigured for additional beds.

An associate firm is pleased to introduce a A 46-Unit, 92-Bed Assisted Living Facility with potential for a dedicated Memory Care Wing. Seller recently completed $2,000,000 addition/renovation in 2021 and increased the licensed bed county from 74 to 92. In the process of leasing up the increased bed count and working towards post completion stabilization.

An Associate firm is pleased to introduce a unique opportunity to acquire a newly redeveloped Adult Foster Care Facility (AFC 5-19 beds) situated on 1.51 acres. Originally a church, the building was completely remodeled/rebuilt into a modern 18 bed facility complete with a full commercial kitchen and recreation/dining room. Each of the 18 rooms contain its own private bathroom with 4 having ADA accessible showers and 14 having standard step in showers. This opportunity has value add potential as it is site plan approved for a proposed two-story, 18,000 SF addition consisting of an additional 48 beds. Utilities brought to the site are adequate to support the future addition, and the current parking field will also support the future addition. The included adjacent residential home is currently leased to a residential tenant. Zoning allows for assisted living and memory care.

An associate firm is pleased to introduce a 41,150 SF Assisted Living Community with 54 Units/73 Total Beds. The was initially constructed in 1962 as part of a college in the heart of one of Omaha’s most historic neighborhoods near both UNMC and the VA Hospital. The four-level building was purchased in 2003 and completely renovated into an assisted living and memory care apartment community, which opened its doors for the first time in 2005. There is a full kitchen, a dining room, a chapel, a hair salon, a library, a craft room, an outdoor patio, a pub, and a bird aviary The mix of units is: 21 Single Standard Units • 14 Single Deluxe Units • 7 Double Standard Units • 12 Double Corner Units

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.

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. Ideal for an Assisted Care Facility. The facility has a full kitchen with two community rooms, outdoor patio area, elevator, and is ADA accessible.

An associate firm is pleased to introduce this well-established senior living home that offers a cozy & inviting atmosphere for those who live in the home, work there, or come to visit! The 65-bed campus provides personal assistance to maintain an independent, active, and self-sufficient lifestyle to their residents. There is a large living room w/fireplace, a stunning sun room surrounded by windows with views of the endless mountains, a restaurant-style dining room, all of which provide great space for everyone to gather & enjoy the company of others. The faciltiy includes a chef- style kitchen for daily meal prep. The facility offers individual private rooms for guests to have their own space and feel at home. There is also an in-house library & beauty salon which are great bonus features! Outdoors you will find beautiful gardens and seating space to relax & breath in the fresh air. The property is located near hospitals, shopping & parks for quick and easy day trips. Start your dream business venture today & give back to your community in the best possible way…taking care of their loved ones! There are approximately 25,000 SF.

An associate firm is pleased to the opportunity to acquire the fee simple interest (land & building ownership) Assisted Living and Independent Living community located in Bowie, TX. This is an opportunity for investors to acquire a 2 building/facility portfolio with a total of 48 units that has an incredible upside as the one building is only 85% 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 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! Facility #1 is a 28-unit, Assisted Living Facility. The 28 units includes: 2 – two bedrooms, 15 – one-bedroom units, and 11 studio units. The facility is licensed for 36 beds so the opportunity presents even greater upside as the building is only 68% 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 $4,675/month, with level of care services ranging between an additional $500-$1,900. The building is currently 89% occupied based on the unit count. Facility #2 is a 20-Unit Independent Living facility. This campus is caddy-corner to Facility #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. Facility #2 is a carpeted facility, with a dining room, activities room, spacious living room with a fireplace, and a beauty shop. Room & board rental ranges from $1,250 to $2,800/month. Concierge services are available to residents at an additional cost of $500-$1,600/monthly. The building is currently 65% occupied based on unit count.

An associate firm is pleased to introduce a 32-bed assisted living, memory care, respite care, and hospice facility located in Northeast San Antonio. The 100% private pay facility contains two 16 bed buildings totaling 12,268 SF on 1.08 Acres, both licensed as small Type B Facilities. This offering provides an excellent opportunity for a current operator wishing to expand their business, or for an investor who could bring in an experienced management company to continue providing quality care to an established resident base. The facility is located in Northeast San Antonio; an area with a high demand for senior care and a limited supply of facilities. Both buildings were completed in 2021 and are in excellent condition with energy efficient spray foam insulation, energy star appliances, double pane windows, and VRF AC Systems. The experienced staff would intend to stay on with a new owner. The property is an essential community facility. It provides help to residents with their activities of daily living, such as eating, bathing, and using the bathroom, taking medicine, and getting to appointments as needed. Residents live in their own bedroom within the facility and have all their meals together. Social, recreational activities and nursing services are provided. The community intends for the facility to meet the needs and desires of the San Antonio areas residents. This is an assisted living facility designed, operated, staffed, and licensed to provide daily living and health care assistance to its elderly residents. It provides exceptional care at an affordable price, implementing industry “best practices” to enhance the quality of life for residents. It focuses on developing and providing assisted living and memory care services at the two 16-unit facilities. At a minimum, and in compliance with Texas Department of Health licensing for Assisted Living Facilities, services will include: 1. Twenty-four (24) hours a day access to medical personnel. A registered nurse and/or other medically trained staff are on site 24 hours a day in case of emergency, to provide medication management, and to supervise daily living activities. Nursing staff “makes rounds” and are aware of resident’s general whereabouts. The number of personnel is proportional to the occupancy level of the facility. Staff includes a Facility Manager, certified nurse assistants, personal care attendants, cooks, and maintenance personnel. 2. Assistance (as needed) with the residents’ activities of daily living, such as bathing, dressing, taking medications, and eating. 3. The facility also incorporate a health and exercise program. 4. Three meals a day in a central dining area. 5. Transportation to local medical facilities and businesses can be arranged by the staff with proper notification. 6. Full compliance with all Texas licensure and federal certification requirements, as well as all other applicable local, state, and federal laws. 7. The facility include activities and other components necessary to enrich residents’ quality of life.

An associate firm is pleased to introduce 32 Unit Residential Lodging Facility! The facility was constructed in 2001. This state of the art Community Based Residential Facility is hitting the market for the first time! The facility has over 17,000 sq ft and 28 active residential rooms with the ability to expand to 32 rooms. For 20 years this facility was home to many happy residents & remained at 90% occupancy or better throughout. The facility has been inspected yearly and kept up to date with current housing and fire codes. There is fire protection, water treatment & zoned heating/cooling for each room and bathroom & shower. The facility is ADA Compliant. There is a kitchen. conferencing areas, a large lobby, and reception areas. The facility includes a 2-car detached garage for property maintenance Items, gardening areas, great parking, all on a well landscaped 2.62 acre lot. The property is located in a beautiful setting.

An associate firm is pleased to introduce a rare opportunity to purchase a well-established 15-unit/30-bed Assisted Living Facility in Boynton Beach FL. This property is owner operated and the sale is being sold as-is. This property has air right to build 4 stories and additional land next door is available for purchase separately. The property was constructed in 1930.

An associate firm is pleased to introduce an approximately 11,350 SF building with 15 beds located in the heart of Old Town Ft. Collins. This building would be a perfect opportunity for an owner user and it is within walking distance to numerous restaurants and shopping options.

An associate firm is pleased to introduce a fantastic opportunity! Currently being operated as a Senior Living Facility, this 31,000 square foot facility sits on approximately 1.98 acres and is ready for someone to step in and continue operations. It is currently set up with 8 private and 50 semi-private rooms offering a total of 90 beds. The first floor has 25 resident units as well as a commercial kitchen and dining/activity rooms. The second floor has 12 resident units and the third floor has 21 resident units as well as a lovely entrance lobby, a large common room for residents, administrative offices, and a medication room. There are multiple outdoor spaces and the facility is completely fenced with a gated entry and parking lot. In addition to the main building there is an A-frame building at the lower section of the property needing TLC that can be customized to fit your needs. Upgrades over the last few years include new roofing on the main buildings and a Tesla emergency battery backup system and solar panels.

An associate firm is pleased to introduce a 61,969 SF Assisted Living Facility with 78 beds in Mesa, AZ. The facility has been vacant since 2019. There are 29 1-Bed/1-Bath Units & 49 Studio Units. This asset is currently 100% vacant (since 2019) and is in need of a cosmetic lift throughout both the interiors and exteriors. The property is minutes from the nearest US Route 60 and Loop 202 on-ramps & conveniently located within a mile of Banner Baywood Medical Center. Residents are sure to enjoy the multiple golf courses in the area along with the many retail and dining options. The facility was originally built in 1974 and is of wood frame construction and stucco finish. This facility features 29 1-bedroom/1-bathroom units ranging from 360-430 SF as well as 49 studio apartments ranging in size from 220-245 SF. In addition to the living spaces, The facility features numerous amenities including a commercial grade kitchen, 2 large dining rooms, multiple recreation rooms, and more. The exterior features a large subterranean courtyard, mature landscaping throughout, as well as a community garden area and sand volleyball court. The previous ownership group has surrendered their license to the State Health Department and was most recently licensed as a behavioral health facility which was also surrendered back to the state. This asset is a wonderful opportunity for the next group to come in and implement their own vision for the facility before re-opening to the public.

An associate firm is pleased to introduce an Assisted Living Facility for 55+ that is a unique opportunity in Tulsa, Oklahoma. The facility was constructed in 1990 and consists of 87 assisted living units averaging 324 square feet. The property offers four different one-bedroom floorplans. The property is currently 74% occupied, with strong occupancy rates in the submarket at 96% as of Q4-2022 (Yardi). A new investor can add value to the property by bringing the current occupancy levels in line with the market to offset the expenses associated with assisted living. Effective rent growth has risen drastically for the Tulsa-East submarket at 11.5% year-over-year (Yardi). All of the services are provided in-house. The Assisted Living Facility is being offered free and clear of existing debt. The U.S. Census Bureau estimates that 672,000+ people live in Tulsa, Oklahoma, with the World Population Review estimating that approximately 100,100 of those are 55+. The number one hospital in Tulsa – St. Francis Hospital, is only 5 miles away. Ascension St. John Medical Center is ranked number 2, just 4 miles from the facility. The asset is in a prime location, just 8 minutes from downtown Tulsa, and nestled in between U.S. Route-66 and Interstate 44.

An assoicate 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 living room, bedroom and private bathroom, a two-bedroom apartment with a living room; an office, and a kitchenette. The building also includes a partial, part finished basement area containing about 2,891 SF, a work shop and five-car attached garage, and a 360 SF attached greenhouse.

An associate firm is pleased to introduce a former Assisted Living Facility. It was in operation until April 2022. All rooms are still furnished and convey with the sell of the property. It could easily be operational again with little effort. There are fourteen rooms that vary in size from 22’x18′ to 20’x13.6′, with a separate dining area and a common area. One of the rooms is setup like an apartment. The property also features two large garages and a generator. The former owner charged between $3500 to $5000 a resident. Possibly could be upgraded to a memory care facility and bring more income.

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 their 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.

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 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.

An associate firm is pleased to introduce a 16-bed Assisted Living Facility located in Sandy, Utah. The facility was constructed in 2007,consists of 7,536 square feet, and sits on 0.58-acres. The facility recently shut its doors to assisted living and is now vacant. The opportunity is priced at $1,600,000, $100,000 per unit, or $212,00 per foot.

“An associate firm is pleased to introduce a new assisted living and memory care development located in a growing market of Clear Lake and part of 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/90 beds. The current offering includes the completion of three buildings (two residential buildings and one community center) with a total of 28 units and 36 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 detention pond. A new owner has the ability to continue with the cottage model or do one large two story facility of independent, assisted living or memory care. The facility is located near the Clear Lake Subdivision with home prices ranging in the $580,000 to $950,000. 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 over $44,000) and 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.”

An associate firm is pleased to introduce a premier Memory Care Center that is in a beautiful building! Excellent location in Cedar Park with great access of of Parmer Ln. The property has 28,726 Sq. Ft.

An associate firm is pleased to introduce an Assisted Living Facility in a Hill Country location. The Facility has 55 Units and is located on 5 Acres. A management company is in place for operations. The asking price includes business, real estate, and FFE. There is an absentee owner.

An associate firm is pleased to introduce a 30,670 SF Independent & Assisted Living Community located in Commerce, Texas. Conveniently located just 66 miles northeast of Dallas, the facility has been successfully operating for 33 years.The offering provides a unique opportunity to acquire both business and real estate with significant pre-existing positive operating cash flow, as well as a value-add opportunity through census growth and the expansion of its independent living footprint on the premises. Significant capex investments have been made to the property recently, including a brand-new roof in 2021 as well as interior cosmetic improvements. Recent addition/expansion to facility footprint is two brand new independent living duplexes (4 units in total) that have been added to the site as of January 2022.

An associate firm is pleased to introduce a 63,535 SF Assisted Living Facility with 148 beds offered at $4,000,00 in Pasadena, TX. The facility has a new roof. The 2-story facility was built in 1980 and renovated in 1998.

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 in 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 owner can move existing patients to another location upon closing if the new owner has another use or has their own patient load. 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.

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.

An associate firm is pleased to introduce Assisted Living & Memory Care Center for sale. This facility is located about an hour drive from Dallas. The seller purchased this property for it’s future investment potential and has done a substantial amount of improvements. It has been converted from a nursing home to serve as an Assisted Living & Memory Care facility. The owners are working towards licensure. For now only the real estate is for sale, until license has been obtained. There are 63 rooms – 35 rooms for AL, 28 rooms for ALZ/MC. Rooms are not furnished. The roof was replaced June 2022. This is an investment opportunity with a high projected ROI.

An associate firm is pleased to introduce an Independent Living Community located 60 miles North-West of Austin, TX. Across the property’s 3.5 acres, there are 13 resident cottages. Among these 13 cottages are 5 two-bedroom cottages, 5 large one-bedroom cottages, 2 small one-bedroom cottages, and 1 extra-large one-bedroom cottage. All cottages are full apartments with separate bedrooms, large baths, full kitchens with appliances, laundry facilities and are ADA accessible. Every cottage has a large porch with desirable views of the Texas Hill Country. The clubhouse has a semi-commercial kitchen, dining space for all residents, an activity room, laundry facility, and an efficiency apartment used for on-site staff to live. The barn has climate-controlled storage space that houses extra freezers, dry food and supplies, seasonal decorations, and storage. Two other sections of the barn are enclosed for outdoor storage of equipment and maintenance supplies. The well house has well water pressure tank storage, water softener system, and lawn irrigation controls. The property’s lot size is 3.5 acres, and there are approximately 1.5 acres of open field land that offers room for a new owner to expand the number of cottages on the property. The business could offer 3 meals per day (they currently provide 2), and offer more activities, like outings to social clubs, movies or swimming pools. A new owner could also provide these activities in-house. Building a pool, an interactive garden, or tending to farm animals, like chickens or sheep in the bar, are all engaging and enjoyable activities that will allow the business to stand out further from its competition. The costs of these expansion projects could be amortized over higher monthly rental rates paid by residents or by expanding the number of residents the business can care for. The company has one competitor in the area, a senior living facility that is owned, operated, and located on the same property as an assisted living center. The owners do not view their competitors as a significant threat, as there is more than enough demand for senior living facilities in the beautiful central Texas countryside to support more than one facility. After successfully operating and growing the company for more than a decade, the owners are looking to spend a few years away from their careers and focus on their real estate investments. The facility has been in business for 12 years.

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, there are 5 independent living cottages that are currently rented (at time of listing) and hookups in place to add 7 more cottages. All 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), a 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.

An associate firm is pleased to introduce a 9,855 SF Assisted Living Facility with 16 beds in Houston, TX. This is a prime property that was recently built and sparsely used. There are elevators in the building and all restrooms are ADA compliant. There is adequate staff and guest parking along with an outdoor relation and smoking area. The facility has a commercial infacility commercial kitchen. There is lots of natural light in the rooms plus room for expansion.

“Haven Senior Investments is proud to present a family owned and operated business in a highly sought after suburb in a major Texas city. This ALF residential home with an established business with value-add potential and room to grow is priced at $800,000. It is a cozy 11-bed Type B licensed facility that offers a warm family-type setting for residents, yet large enough to provide some economies of scale in which to operate a successful business. Smaller, more flexible spaces are highly sought after for senior housing in this post-Covid era. A needs analysis report shows continued strong demographic growth and a solid need for more senior housing units in the area. This facility sits on a large lot with ample room to expand.”

Haven Senior Investments is proud to present two Assisted Living Care Homes, each with 10 beds for a total of 20 beds. Both were recently acquired by the current owner. They have both been restructured and upgraded with numerous capital improvements and staffing adjustments. Additionally, there is now a strong Manager/Administrator in place and is overseeing daily operations. The current owner has designed the business to be self-operating with very little operational input needed from the owner. He currently spends just a few hours each week overseeing the business. There is great opportunity here for a new owner to step in, take advantage of the restructuring and continue to make improvements to operations. At a current occupancy of 65% there is a great deal of upside potential to increase revenue. Some of the capital improvements to Property #1 include: new kitchen, bathrooms and flooring throughout as well as new furniture and fixtures. Note: Due to the relatively short period of current ownership, there is not a lot of historical financial information. Property #2 was acquired in February 2022 and Property #1 in July 2021. Contact us for further financial information. These are turn-key operations – great staff, great manager, and owner works approximately 2 hours per week on the business. The annualized 2022 NOI is $173,309 and is offered at 13% Cap Rate. This is an opportunity for a new owner to significantly improve revenue and value. There is a strong need for AL beds in the local market.

An associate firm is pleased to introduce an Assisted Living Home Licensed for 64 Beds. The Assisted Living Facility is now closed so there is not active business in the building. There are still fixtures and beds remaining in the building. Buyer may prefer renovation or complete teardown of this facility and single family parsonage on 2.46 acres. The assisted living home has been operating for over 40 years for a 60 bed facility. Additional land is available to expand facility should tenant need more than 60 beds or more than 39 rooms. Kitchen, Offices & Cafeteria are included.

An associate firm is pleased to introduce a 9,062 SF Health Care Building with 53 beds offered at $6,500,000 at a 6.11% Cap Rate in Knoxville. This 3-story building was constructed in 1997 and renovated in 2000.

“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 sale.”

An associate firm is pleased to introduce Assisted Living + IL Apartments (With opportunity for Memory Care). The Portfolio has 5 buildings. The properties are located in Sturgis, Lead, and Pierre, SD. There are a total of 74 units with 83 beds total. The mix includes Assisted Living: 66 Units with 75 beds and Independent Living: 8 Units with 8 beds. There is a 12% cap current cap rate with value add. Recent rent rolls and occupancy are increasing across the board!!

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 the new Amazon facility on the northwest side of growing Sioux Falls, SD. The facility has very strong financial performance history for two decades. This is attractively priced at a 8%+ cap rate.

An associate firm is pleased to introduce a 21,452 SF Assisted Living Facility 0ffered at $3,500,000 in Eastover, SC. This facility has 52 beds. The property was constructed in 1979 and sits on 7.32 acres.

“An associate firm is pleased to introduce a 40-Bed ALF in Scenic South Carolina Moutain/Lake Community with Two (2) Homes on Property. This is Perfect for 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, scenic retirement location. Asking $1.7M or best offer.”

An associate firm is pleased to introduce an existing memory care business that offers a fully remodeled and licensed turnkey facility that is in a profitable location in a residential setting. This location is licensed separately and offers 147 beds @ location. The facility is fully occupied with annual contract renewals and a waiting list of future residents for 25 memory care beds. This is an amazing turn key business opportunity to own a successful and established Assisted Living/Personal Care Home that is licensed and full of residents with great instant income for its new owner (real estate included in the price). This business, its owner, and care team have a great reputation and take great pride in offering one on one companionship to their residents in addition to providing the medical care that they require. The facility has a Director and Administrator and has a fully committed staff which is great for an absentee owner. The real estate and businesses are owned and managed by the same owner. The cash flow is positive in an industry that will only continue to grow as the demand for more personal and quality in home care continues. There is an excellent staff. The facility has great employees, is very clean, and is well run. It is located in a beautiful setting in central PA. There is consistent sales and profitability. There are happy residents here and it is near full occupancy!

An associate firm is pleased to present for sale this 59,931 SF former senior care facility with 52 Units/74 Beds previously licensed in 2021 for Personal and Memory Care and a church within a federal opportunity zone in McKees Rocks, PA. Originally known as the St. Frances De Sales Parish building, 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 St. Francis De Sales Church is a magnificent Renaissance style building with approximately 7,456 SF under roof. Both buildings are 100% vacant has the right characteristics for an Assisted Living Facility.

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

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

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

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.

An associate firm is pleased to introduce an 80-bed facility in Kenansville, NC with a history of profitability. It was recently closed due to the owner’s health. The building is in good location in a desirable area of town and is fully licensed. It served a primarily Medicaid population. It is fully equipped. Asking price is $3 million or best offer for Facility, FFE, land and license.

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/spa. The main building was constructed in 1999. 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%.

An associate firm is pleased to introduce a 22,640 SF Health Care Building with 26 beds offered at $2,900,000 at a 7.50% Cap Rate in Fort Benton, MT. 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, Sales Price: $2,900,000-7.5% Cap Rate. 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. Real Estate Only.

An associate firm is pleased to introduce a 10,074 SF Health Care Building offered at $1,999,999 in Macon, MO. This is an 18 bed facility with amenities to support comfortable and secure living. There is a maintenance free exterior. The Certificate of Need documentation is available. The facility is ADA compliant for care and rehabilitation.

Haven Senior Investments is pleased to introduce an Assisted Living Offering with two facilities with a total of 100+ beds. Located within the state of Missouri, the these communities provide assisted living services to both the elderly and those with mild mental or cognitive impairment. The communities are dually licensed by the Missouri Department of Health and Senior Services (DHSS) and the Missouri Department of Mental Health (DMH). The local need for these services is sufficiently strong and maintains consistent high occupancy with little marketing effort. Several programs, public administrators and placement agencies refer a steady stream of prospective residents and facilitate Medicaid reimbursements. Locations in both the southern and central parts of the state allow the facilities to reach a wide audience. It is not uncommon for them to maintain a waiting list of prospective residents. There are flexible layouts with multiple buildings and/or separate wings to provide service flexibility. One area is set up for elder care and another may cater more to cognitive impairment. Additionally, separate buildings and wings can facilitate the needs for quarantine or specialized care. All communities have direct staffing oversight in psychiatry, nursing, and medical direction. Operationally, the facilities run independently and smoothly with administrators at each location along with experienced staff and an on site manager. Additionally, a regional Executive Director oversees all operations. The business currently produces a healthy annual cash flow, which automatically increased in 2023 due to the recent state increase in Medicaid payments combined with the cost of living increase in Social Security payments. These revenues are reflected in the proforma analysis and have already been passed into law. The properties were renovated in 2015 and 2019.

VALUE HIGHLIGHTS:
• 103 total beds offered with very stable occupancy.
• Cash on cash return over 28% with proposed financing.
• Current revenues will automatically increase in 2023 due to Medicaid and SS legislation recently put in place.
• 1,440 sf single family residence on the Acres property can be used for additional revenue and/or staffing.
• There is an SBA 504 assumable loan of approximately $440,000 at 3.5% interest offered with the business.
• Community occupancy easily maintained with little marketing effort and longer than average resident stays due to the younger average age of residents, which is 52.
• Missouri regulates the number of licensed long term care beds in the state through CON (Certificate Of Need) laws, which control the market supply and limit competition.
• Missouri pays a monthly housing grant for each resident with Medicaid in addition to paying for personal care.
• Locations qualify for USDA financing.”

“An associate firm is pleased to introduce two assisted living homes with management and nursing staff in place located in central Mississippi. The homes have high occupancy rates and offer great care and quality service. The two homes, which are close in proximity to each other allow for efficient management. Business & Real Estate Included: Property A: $1,875,000.00 @ 10.33% Cap Rate 30 Beds 12,541 sq. ft. Property B: $2,550,000.00 @ 9.62% Cap Rate 32 Beds 9,080 sq. ft. Privately owned facilities that have loyal family customers. There are very few competitors in these markets. Below market rate rents allow for growth in revenue. Property A: 12,541 sq. ft. 30 Beds Property B: 9,080 sq. ft. 32 Beds”

An associate firm is pleased to introduce a 54 bed Assisted Living Facility in southeast Mississippi. A value add investment. 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 opportunity. 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.

An associate firm is pleased to introduce an amazing opportunity for a turn-key 29-unit facility on 3.65 acres in a pristine location in Orr, MN. The facility was previously used as an assisted living facility. There is endless opportunity with over 19,000 sf. Built in 2013, this facility has been meticulously maintained. The property includes a commercial grade kitchen. The facility was closed in Spring 2020 and the residents were moved to the company’s facility in Cook, MN. This facility can be purchased independently or as part of a portfolio sale of 11 operating facilities that are staffed, occupied, and profitable. Additional facilities are all located in MN.

An associate firm is pleased to introduce an Amazing opportunity for a turn-key 20-unit facility on 8.1 acres in a pristine location in Hoyt Lakes, MN. The facility as previously used as an assisted living facility. There is endless opportunity with over 13,000 sf. Built in 2010, this facility has been meticulously maintained. The facility was closed in Spring 2020 and the residents were moved to the company’s facility in Cook, MN. This facility can be purchased independently or as part of a portfolio sale of 11 operating facilities that are staffed, occupied, and profitable. Additional facilities are all located in MN.

An associate firm is pleased to introduce a beautiful building with state of the art design. The facility is fully remodeled and a new addition with two licenses. There is an all new steel roof and it is in immaculate condition with new outside courtyard and pergola. The facility has a great reputation, a waiting list, and longterm 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 with a waiting list. It has a very active FB and website. Owner is looking to increase monthly rate for all residents by $250/month with cost of living increase which will increase revenue by almost $100,000/year that is all profit. The seller will stay on board the first 90-days, then 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.

An associate firm is pleased to introduce a 54 bed Assisted Living Facility that is licensed for 60 beds. The facility is at full occupancy with a current waitlist. This facility is an established business, profitable, with 54 beds and can be seller financed depending on deal structure. The facility is well staffed and fully operational.

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.

An associate firm is pleased to introduce a 37,410 SF Health Care Building with 89 beds offered at $2,600,000 in Benton Harbor. The facility is back on the market. It sits on 5 acres and is a 2-story building constructed in 1972. Sellers will consider a long term lease and will build to suit for the qualified lessee.

An associate firm is pleased to introduce an Assisting Living Facility that was formerly a hospice center. The facility has 15 rooms with private bathrooms, large family room, 2nd floor with meditation room, offices, and nurses station. There is a kitchen and a laundry room on the 1st floor. The property includes an attached garage and detached garage, a partial basement for storage, and an elevator. The property is located in a beautiful setting overlooking the Sawmill Golf Course and has a court yard and large patio.

An associate firm is pleased to introduce a turnkey Assisted Living Facility with optimized systems, policies, and procedures. It is in good standing with all licenses needed. It is a well-established, 5-star, assisted living in Gaylord, MI, and is the go-to facility in the area for your loved one(s). The business has taken in residents from all over the state and even surrounding states due to the high quality of care provided and its ability to deal with those with higher medical needs. The business has diversified its age range and has moved steadily into serving both younger and older residents. Constructed in 2018, it is impeccably kept and offers tremendous growth opportunities with various expansions. It is licensed for 22 beds, is a big facility with nearly 17,000 square feet, is fully staffed, and is lucrative. There is a common living room for visitors and relaxation, large bedrooms, a large clean kitchen, a private dining area, and is surrounded by greenery for maximum comfort.

“An associate firm is pleased to introduce a premiere 24 bedroom AFC Home! Nestled in the woods of Northern Michigan, this AFC home is a well-respected facility. Currently operating at full capacity with 18 beds, the newest addition completed in Nov 2018. (Price includes finished construction and complete 24 units). This state contracted home was noted to be a Premiere AFC Home according to the Licensing Consultant for the State of Michigan. When you enter the facility, you’ll notice the “”homey”” feel that is a clean and well kept environment. This is a turnkey business opportunity and has instant income potential. The home boasts 2 fully furnished kitchens, 3 fully furnished living rooms, 3 fully furnished dining rooms, 3 sets of washer/dryers, central air (2018), ADT security system, partial basement for storage, walk in pantry, pass through laundry, fire suppression system, 2 mechanical/storage rooms, and a storage barn. The sale includes a Hoyer Lift, sit to stand lift, large med cart, complete office set up, complete bedroom set ups for 10 clients and much more. Priced under appraised value. “

An associate firm is pleased to introduce a 40 unit Assisted Living & Memory Care Facility for sale in Northern Louisiana. The offering includes both the business and the real estate. The facility is cash flowing with an upside opportunity to improve census and rate increases along with the expansion of the additional acre of land. The additional land allows a new owner to add independent living or expand the AL or MC wings. The facility is well located in a medical area and good reputation for care. The total population of the MSA is over 180,000 and is projected to grow by 3.7% by 2025. The 75+ age cohort is close to 12,000 residents and is projected to grow by 20.8% by 2025.

An associate firm is pleased to introduce a 56,660 SF Health Care Building with 120 beds offered at $1,900,000 in Natchitoches. The property is located in the heart of commercial Natchitoches . This property consists of 120 rooms with half baths and window in 6 pods, each with dining facilities. There are also 18 offices, a gym/conference area, a beauty shop, courtyards, 6 spa rooms, a laundry facility and a main kitchen. There is a full generator, smoke alarm system, cameras, and rear covered canopied entrance. All this for less than $39 per square foot including land. Deed restriction states that buyer cannot be a skilled nursing facility.

An associate firm is pleased to introduce a great income producing business in a much needed market. The main Assisted Living Building is 9,315 square feet with 16 Rooms, each with their own restroom. The facility has commercial kitchen, commercial laundry, meeting rooms, massive foyer, gazebo, and front and rear covered areas along with seating on each end of the building. There is abundant parking and an extra 2 bedroom, 2 bath, 2 living room home and a 3-car detached garage, a 1 bedroom, and 1 bath rental cabin. The facility is located in one of the fastest growing areas of Rowan County, close to I-64, Cave Run Lake, American Stave Company and AppHarvest, along with still only being 15 minutes from center of Morehead. The facility is 100% occupied with growing demand. The real estate is worth more than the listing price including a very profitable business.

“An associate firm is pleased to introduce this beautiful 34,386 sq. ft. facility that sits just outside of the city limits on a large 4.6-acre lot along a private. Surrounded by pine trees and a lush green landscape, this property offers great privacy with the convenience of having Norton just down the road. The single-level building has three separate wings spread over the 4.6-acre lot, joined by a large common area in the center. Inside, the facility offers an incredible 27 apartments with various floor plans. This building is in excellent condition with recent updates made to enhance several features throughout the property.
The building is frame construction with vinyl siding, brick veneer, double pane windows, and asphalt roof and gutters in good condition. There are 12 single-car garages located at the end of each wing to allow for easy interior access to apartments/office space. The underground sprinkler system waters the surrounding landscape, with mature pine trees offering scenic views and a great sense of privacy around the property. A high-quality camera surveillance system monitors the exterior and interior of the facility. Also included are commercial carpet cleaner and water softener, and a new pallet truck.
All contents in the building associated with health care will remain, including but not limited to: a new nurse call system, med carts, vitals machine, stool risers, shower chairs, commodes, wheelchairs, walkers, lifts, nursing supplies, PPE materials
Apartments:
4 – Two-bedroom two-bathroom, 947 square feet each
6 – Two-bedroom one-bathroom, 898 square feet each
2 – One-bedroom one-bathroom, 726 square feet each
4 – One-bedroom one-bathroom, 677 square feet each
11 – One-bedroom one-bathroom studios, 500 square feet each
*All 1 & 2 bedroom apartments include: dishwasher, refrigerator, range, and microwave, outdoor patio with storage closet
*Studio apartments include kitchenette: microwave, refrigerator, sink
Common areas include: spacious dining room, living room with gas fireplace, central air, two 100-gallon hot water tanks (New and 3yrs old). Additional rooms include: An interior storm shelter with steel-reinforced concrete walls, a commercial-grade kitchen facility with a walk-in cooler, lobby, offices, an activity room, fitness room, private dining hall, comfortable living room, laundry room, salon, storage rooms, an employee lounge, and a library.
“

Haven Senior Investments is pleased to introduce and Assisted Living Facility with 59 licensed beds in the heartland of America’s “Bread Basket.” The facility has a stellar local reputation. It is a well-maintained, modern facility that was renovated in 2018. There is a seasoned and caring staff with excellent resident to caregiver ratios. The Market Study shows solid local demand for AL and MC. There is also a strong and established business platform to grow and expand the business.
• Investment Highlights:
• Cash on cash returns over 25% (with SBA financing).
• NOI – $439,052
• CAP Rate – 10%
“

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.

Haven Senior Investments is proud to introduce an 18-bed, fully occupied, facility with the opportunity to increase revenue to market rates – 17% increase in room rate increases – NOI by over $200,000. This facility is offered significantly below replacement cost. Current cash on cash return at 20% before any changes. There is tremendous upside by realizing moderate increase in monthly rates. The original ownership is ready to retire. This is a large facility with recent expansion. There is 100% occupancy.

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 the purchase of the real estate. There is room on the property for expansion to increase residential capacity by 25% and more. Opened in 2002, with the first 4,200 sq ft building containing 8 units. Three additional buildings have been added, two with a lower levels and additional apartments. The facility has developed an excellent reputation and has been consistently full.

An associate firm is pleased to introduce an Independent Living Facility priced far below replacement. This is an excellent opportunity to reposition a quality asset. Completed in 2017, This Independent Living property has been meticulously maintained. The complex consists of two 16-bedroom buildings with extensive & well-appointed common areas, including a commercial kitchen in each building, plus an exercise studio and barbershop in Building A and a large gathering/game room in Building B. The property, including all furniture, fixtures, & equipment, is offered for sale, unencumbered with no leases or management/operating contracts. This offering may be re-opened as a luxury independent senior living facility!

An associate firm is pleased to introduce a successful 70-Bed Assisted Living center with 5 buildings all together in one area for convenience of operation. Always has a very high occupancy and demand in one of the fastest growing areas of the country. All systems are operational. Great upside potential for new owner operator. In a great location in Idaho Falls. The facility is always 90% to 100% occupied. This is a turn-key operation for an owner operator.

“An associate firm is pleased to introduce this 100% occupied, ± 25,865 SF, licensed Assisted Living community, with waiting list, in Savannah, GA. Comprised of 36 units, the property is equipped with private bathrooms in each unit, a large visitor welcome area, dining hall, beauty salon, commercial grade kitchen, dining hall and multiple indoor and outdoor shared living spaces. Offering includes real estate, memory care business, and additional adjacent lots totaling ± 2.19 acres for potential expansion. As part of the portfolio, also available is their Homecare Hospice LLC business serving 23 counties in and around coastal Georgia. Member of The National Hospice and Palliative Care Organization (NHPCO), and the Georgia Hospice and Palliative Care Organization (GHPCO). Accreditation: Georgia Division of Public Health Medicare and Medicaid Certified.– Combined Gross Revenue: $4,841,001.69 – Combines Adj. Net profit (NOI) after potential add-backs: $1,618,850.26 – National Q3 2022 CAP Rate reported by Real Capital Analytics (RCA) is 5.8% – At 7% CAP, “potential” market value is $22.8 million – Asking $16.5 Million – Potential partial owner financing. Current bank interested in financing new owner. – Staff stays”

An associate firm is pleased to introduce a magnificent facility in the outlying Atlanta, GA area. The facility is being offered at appraisal price. There are 100 plus beds in a well established business with huge upside. The owner is retiring after building this most successful center. It is clearly one of the nicest facilities of its kind in Atlanta and Georgia. The Center has all of the 5-Star amenities, with many options to residents as to rooms, services, and all associated activities and events. Located on 8 acres, this is the ultimate in Senior Assisted Living and Memory Care homes.

An associate firm is pleased to introduce a licensed Assisted Living Community that is moving from an all-memory care to a mix Assisted Living-Memory Care strategy. The 37,432 sf craftsman-style facility was built in 2011 and comprised of four connected “villages” with 16 units each, totaling 64 units with both single and double occupancy rooms with full bathrooms. Because each Village is relatively small, it creates a family atmosphere wherein each resident becomes a member of the family. Within each Village, there is a kitchen, dining room, and areas for activities. Creative activities allow our teams to meet the needs of residents at various levels of cognitive function. Other amenities include a back patio courtyard and picnic area along with an enclosed courtyard with walking paths and four-season porches. Some nearby notable attractions are Downtown Lawrenceville, Freeman’s Mill Park, and the Gwinnett History Museum. The facility is located in a quaint town with southern charm in the heart of Gwinnett County.

An associate firm is pleased to introduce this fully-occupied, ±13,708 SF personal care home located in the historic Downtown Cartersville area. The facility was a former Victorian mansion built in 1880 and includes 27 units with 40 beds and configured as follows: private rooms with private bath, dining facility, salon, other living areas, and more. The community is walking distance to Downtown Cartersville, and less than 10 minutes from Cartersville Medical Center and I-75. Dining, entertainment, schooling and grocery options are all convenient to the property. The property is 100% occupied and the staff will stay.

“An associate firm is pleased to introduce this 15,098 SF personal care home, including business for sale on 4.54 acres. The facility is in pristine condition and is configured as follows: 24 private rooms with private bath, reception/lobby area, dining room, professional kitchen, and more. The property is 100% occupied with an average monthly rent of $2,633. The facility is located southeast of Athens and Northwest of Augusta, in historic Washington, GA. Washington is the county seat of Wilkes County, Georgia and it was briefly designated the state capital during the American Revolution. The city is senior friendly with the Roy L. Burns Senior Center. The Senior Center provides meals and daily activities for seniors aged 60 and over. “

An associate firm is pleased to introduce this 10,820 SF licensed Personal Care Home that was recently renovated in 2019. This offer includes real estate and business, comprised of 25 units on 0.82 acres off Buford Highway in Norcross, GA. The facility is equipped with a security system that includes electronic gate locks and video cameras, suitable for potential Memory Care. This licensed 24-bed personal care home facility is located in a desirable demographic area of Metro Atlanta. The roof was recently replaced and 17 units have been updated. The two-story structure has an elevator and 19 out of 24 units are currently occupied. There is also an extra respite suite; all units are equipped with a full bathroom. This is readily accessible from major highways and this senior housing facility is surprisingly tucked quietly away in Norcross, Georgia, a charming antidote to modern suburbia. With a rich variety of well-preserved historic homes and an authentic turn-of-the-century downtown district, Norcross turns back the clock to simpler times and small-town American life. Norcross is the second oldest city in Gwinnett County and was the first to be placed on the Register of Historic Places.

An associate firm is pleased to introduce a great opportunity for an investor or owner operator to own this licensed Assisted Living Facility (ALF) that’s located in ‘South Georgia.’ The facility has been owned by a dedicated husband and wife team for the past 19 years and has been profitable all along. This 24-room personal and memory care facility is fully occupied with a waiting list. The property is 11,000 SF and sits on approximately 3 acres, allowing for growth in both the extension of the property proper and its services, along with developing independent living residences. The property has ample parking. The average room rent is at around $3,000 per month. The zoning is C4 Commercial. The average time for a resident stay is about 3 years. The average age of residents is 85. The facility has been updated and is in pristine condition and will not require any immediate improvements by new owner. The facility has 24 private rooms with each having its own private bath. There’s an office, a reception/lobby area, and a dining room supported by a professional kitchen. The asking price is $2.5M for both the business and real estate. Approximately $1.9M for the real estate at an 8% Cap Rate, and $600K for the business at a 3 multiplier. Must be purchased as a package! The buyer can be an Owner/Operator, a Semi-Absentee, or a Full-Absentee, there is a manager in place to run the facility. After 24 years of running this operation, owners are looking to retire and will help the buyer transition along with staff.

An associate firm is pleased to introduce a great opportunity for an investor or owner operator to own this pristine, well-kept, well-run licensed Assisted Living Facility (ALF) that’s located in ‘South Georgia.’ The facility has been owned by a dedicated husband and wife team for over 24 years and has been profitable all along. This 24-room personal and memory care facility is fully occupied with a waiting list. The property is 11,000 SF and sits on approximately 3 acres, allowing for growth in both the extension of the property proper and its services, along with developing independent living residences. The property has ample parking. The average room rent is at around $3,000 per month. Zoning is C4 Commercial. The average time for a resident stay is about 3 years. The average age of residents is 85. The facility has been updated and is in pristine condition and will not require any immediate improvements by new owner. The facility has 24 private rooms with each having its own private bath. There’s an office, a reception/lobby area, and a dining room supported by a professional kitchen. Asking price is $1.9M for both the business and real estate. $600K for the business and $1.3M for the real estate and is sold as a package.

An associate firm is pleased to introduce this 15-unit licensed Personal Care Home, including real estate and business, on 5.11 acres, with ability to add cottages, in Newnan, GA (Metro Atlanta). High occupancy. Below market price! The total demand is 322 Assisted Living units today growing to 421 in 2026 in the PMA, a 30.74 % increase. There is a total of 286 units with within the 10-mile PMA with 0 planned new units. As the model indicates, the Unmet Demand for Assisted Living units in the Newnan PMA totals 36 units growing to 135 units in 2026, an 275.0 % increase. Demographics for Age 75+ within the 10 mile radius are as follows: Average Household Income is $54,914, average net worth is $910,804, and average housing values are $274,022. According to Real Capital Analytics, the national Senior Housing CAP Rate in Q3 2022 was 5.8%. With over $200,000 in net profit (NOI), at 7% CAP, the property value is $3,285,714. The property being marketed at $1.9 million (below market) represents potential instant equity. Financials provided with signed NDA. Property qualifies for SBA loan at 90% LTC over a 25 year term at market interest rates.

An associate firm is pleased to introduce two building with 4580 total SF currently operated as an Assisted Living Facility that has 22 beds, dining area, living room, and courtyard. This is a VERY PROFITABLE BUSINESS – 9.2 CAP. The buildings have four sides of brick, 30 year roof, and great access. A condo association takes care of the complex, making a very hands off investment opportunity. Tenants pay their own utilities, and HOA covers water, sewer, trash, insurance and common area maintenance. There are 24 surface parking spaces. The first building has 2280 SF; The second building has 2300 SF. These building are in a fantastic location close to I-85.

An associate firm is pleased to introduce a 28,798 SF Assisted Living Facility with 110 beds offered at $12,950,000 at a 8.68% Cap Rate in Hollywood, FL. This is a turn-key fully licensed ALF in South Broward area. Real property & business included in the price. There is over $1mil net income.

An associate firm is pleased to introduce an 8,481 SF Health Care Building with 132 beds offered at $12,150,000 at a 5.17% 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.

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.

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 prior to 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 has been made in 2022.

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, free-standing, property is zoned for multifamily with an assisted living facility tenant (NNN) in place with 4+ years remaining on lease. This 5,892 SQ FT property, secured with wrought iron fence and gate, consists of 30 units, 14 bathrooms, kitchen, dining area, and multiple outdoor seating areas, including covered patio. Only two blocks from beach access.

An associate firm is pleased to introduce a 5,477 SF Assisted Living Facility with 35 beds at a 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.

An associate firm is pleased to introduce a fully licensed 18 room ALF in Safety Harbor. Licensed for up to 36 beds in a semi-private configuration. Medicaid licensed and potential expansion up to 100 beds with purchase of adjoining parcel (not currently for sale). Extended Congregate Care (ECC) licensure and secured for memory care. The facility features a gas fireplace and natural gas for utility infrastructure. The building has front and rear ramp access. There is a natural gas generator for key building components, recent roof replacement, and a commercial grade kitchen. The property includes a locked patio areas with parklike setting for the residents to enjoy. It is not in a flood zone. This is an excellent value-add investment opportunity for a seasoned operator.

An associate firm is pleased to introduce a 55 PLUS-MINUS Beds assisted living facility near Escambia and Santa Rosa County, FL. This facility is situated in a central area on large acreage. The building offers a large footprint with over 40 bedrooms and over 25 bathrooms. Of these bedrooms, all are large enough to be used as shared rooms. This combination gives the operator flexibility to accommodate many different residents and pricing. The building has an ideal layout with an interior secure courtyard. This Assisted Living maintains a very high occupancy which helps the owner to have a stable cash flow. The owners have kept rates below the surrounding market and believe there is potential for increases. In addition to raising rents, there are a few potential opportunities to increase revenue. The first option is to create a memory care division in the area designated for memory care. This addition was designed to be a memory care wing but the current owners never utilized it as such. The second potential is to offer daycare services. Daycare services can offer a big increase in revenue with a minimal impact on costs. Residents receiving these services can also be a lead source for future permanent residents of this Assisted Living. There is potential to add 10 more licensed beds (buyer to verify any increases). There is also newer A/C units, new flooring, and other upgrades along with 2 natural gas automatic generators & vaulted ceilings.

An associate firm is pleased to introduce an Assisted Living Facility that opened its door to the public in January 2022. It is brand new construction with 28 Beds that are fully accommodated to become the home of our Elderly community with Professional 24-hour assistance for eating, dressing, bathing, medication reminders & more; all with love so they can feel like they never left home. This ALF Business and Real Estate included is also being sold together. GREAT UPSIDE for Buyers/Investors to increase the current $400K NOI and Cap Rate.

An associate firm is pleased to introduce an Assisted Living Facility licensed for 55 beds (offering 53) that is fully occupied. Currently operating as a Limited Mental Health facility, serving primarily the Medicaid market. Opportunity to upgrade facility and target higher revenue, private pay senior living market.

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!

An associate firm is pleased to introduce a 5,132 SF Health Care Building. Previous 12 beds 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 beds 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 homelike atmosphere. This Dover ALF is convenient to doctors and hospitals. This ALF has a new fire sprinkler system and a newly upgraded air conditioner from 3.5 ton to 5 ton. “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.

“An associate firm is pleased to introduce an 86-unit Independent Living Facility in Metro Atlanta with dining facilities and a large professional kitchen. Occupancy currently is at 70% and expected to stabilize by Q2 2023 with a potential Gross Revenue of $220,000 per month at stabilization and a 40% margin. Q3 2022 Market CAP Rate for Senior Housing, according to Real Capital Analytics (RCA), was 5.8%. Potential Owner Financing Terms (offered by Seller): Purchase Price: $11,500,000 Interest rate on Lease: 6.5% interest payment only Terms: 12 months with the option to extend for another 6 months based on exit financing Lease Payment Escrow. Highlights: • This Class “A” facility was renovated in 2020 and offers the best of independent living • The property is currently in the process of stabilization • Units include a living area with a private bathroom and shower • The property is situated on 2.26 acres • Dining, entertainment and grocery options are all convenient to the property • Property is managed by third party.”

An associate firm is pleased to introduce this 10,517 SF Assisted Living facility that is located on .20-acres in a PDU 75 zone. The building was constructed in 1979, and this well-maintained facility is conveniently located close to I-91 and Downtown New Haven. The facility features include 25 semi-private rooms, a commercial kitchen, a dining room, and three full baths on each floor.

An associate firm is pleased to introduce a beautiful newly constructed 20 bed Assisted Facility aith 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.

An associate firm is pleased to introduce a 16.1-acre parcel that includes businesses, buildings, and land for sale. This building is currently a beautiful 24-Unit Private Independent Living Facility with 2 additional managers apartments. In the back is a scenic pond and gazebo, with approximately 7 acres of undeveloped land behind the building. See what this unique property offers.

An associate firm is pleased to introduce 2 Health Care Properties offered at $2,900,000 in Canon City, CO. The seller is 88 years old and ready to retire. The seller has been running both assisted livings for 22 years. There are 16 units at Building #1 and 16 units at Building #2 plus a single family home attached to both facilities. Facility #1 almost runs itself. There is a manager living on site. This listing includes the real estate AND the business.!!! Total of 32 units and 2 single family homes. There are zero vacancies at this time.

An associate firm is pleased to introduce an Assisted Living facility with 34 units, in a 17,500sf +/- building, established since 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 hours a day, delicious and 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. All underground utilities have been upgraded and ready for the expansion. The facility is County approved entitlements to expand the facility from 34 units to approximately 64 units (120 beds). The facility also qualifies for SBA, HUD, USDA, and Conventional financing.

“An associate firm is pleased to introduce a 38,732 SF Health Care Building with 108 beds offered at $9,800,000 in Hemet, CA. The property is also for lease at $55,000 per month with modified NN. The Tenant pays property tax and insurance. The Landlord will do the maintenance with a few exceptions. The facility sits next to a public park on 1.48 Acres, Improved APN 448-310-024. There is also a vacant lot that is 1.03 acres APN 448-310-022 where owner can build other same building size and number of beds as it was planned when the developer built this building. Please verify it with the city of Hemet and the needed info. The property was Zoned C-2, used as assisted care. Hemet City needs CUP for applying their license. The facility is 3 Buildings and has a total 38,732 Square Feet with 2 elevators serving Building A & B. GENERAL INFORMATION: The improvements consist of 3 buildings used for an assisted living facility that was built in 1998. It was renovated from mid-2006 to early 2007 and again 2020 to 2021. Number of Beds/Units: with 102 beds; Room size from 275 SF – 428 SF; Number of Stories: 2; Size: 17,044 square feet in Building A (assisted living); 17,044 square feet in Building B (memory care- Alzheimer), plus 4,644 square feet for Administration/Kitchen for 38,732 total square footage (per Hemet Building Department). There is Administration space upstairs and a commercial size kitchen down stairs with one or two offices and a reception area (2 stories).
“

An associate firm is pleased to introduce a 28,512 SF Health Care Building with 96 beds in Pasadena, CA. The 28,512 SF Health Care Building Offered at $8,500,000 in Pasadena, CA. The 2-story property was constructed 1965.

An associate firm is pleased to introduce a 18,900 SF Assisted Living Building with 58 beds in Turlock, CA. There is also huge lot for development of more units. The property was constructed in 1983 and has two stories.

An associate firm is pleased to introduce a 4,461 SF Health Care Building with 29 beds offered at $2,500,000 in Atascadero, CA. The property includes 2 large living rooms, 3 bathrooms, large kitchen/dining area. Large bbq pool area. This is a 1031 Exchange.

An associate firm is pleased to introduce a 6,729 SF Assisted Living Facility with 40 beds offered at $2.2M in Bakersfield, CA. This is a well-established facility.

An associate firm is pleased to introduce a 56,707 SF Residential Care Facility on 5.97 acres offered at $1,800,000 near Little Rock, AR. Property Overview: The facility has a great profit history. There are 20 efficiency apartments plus 70 residential units. There are dining facilities, a service kitchen, recreational areas, parking, storage warehouse, offices, beauty parlor, and more. The property was constructed in 1955. There is potential for expansion and increased income.

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 Sun City 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.

An associate firm is pleased to introduce an Independent Living, Assisted Living, 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 an 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, full-service beauty salon, activity & media rooms, community computer stations, scenic paths & tranquil vistas, housekeeping & laundry service, beautiful dining areas, chauffeured transportation, and emergency call response system.

An associate firm is pleased to introduce a healthcare licensed Assisted Living Center. This property is currently licensed for 35 bed assisted living center. This residential Senior Assisted Living facility is located in the north end of Kingman, Arizona. The facility is 8,306 square feet and sits on 25,264 square feet of land and provides ample parking for employees and visitors. There is also 2 storage sheds for seasonal items, secondary supplies, and excess land for building expansion or parking. In addition to the 20 resident rooms (35 Beds), the property also consists of a large administration office, a commercial kitchen with dry storage and dishwashing area, central dining / multi-purpose room, Laundry Room with multiple washers and dryers, large Living Room area with comfortable seating, large nurses station with counter tops and cabinets, medical closet, outdoor courtyard and covered patio area.

An associate firm is pleased to introduce the sale of a 40-bed Assisted Living Facility and operating business. Built in 2011 and 2016, the two buildings are approximately 7500 SF each. There is additional land to build a third facility. All rooms have attached bathrooms (toilet and sink). Financial statements for 2021 are available, as is a projected P&L for 2022. The business is $400,000, and the real estate is $2,600,000 ($65,000/bed).

An associate firm is pleased to introduce a 9,106 Sq. Ft. Assisted Living Facility with 22 beds. The property is located in Phoenix. The year built is 1999-2004.

Haven Senior Investments is proud to present a beautiful large facility with high end finishes that opened in 2020. This 10-bed facility is currently at 100% occupancy with a wait list. The city no longer allows zoning approval to residential assisted living homes with 6-10 residents, which effectively constrains future competition. This facility was grand-fathered before the zoning change. There is a cash on cash return of 23% with SBA financing and NOI over $200,000 per year. The business set up to run independently with minimal owner involvement. It is centrally located in the Phoenix valley. It is served by two major freeways, and is only a short drive from the Phoenix airport.

Haven Senior Investments is proud to present an Assisted Living Facility with 32 Beds located in two buildings. This thoughtfully designed Memory Care facility provides both cash flow AND an opportunity to immediately improve the business and add value. A “Special Care Assisted Living Facility” license in Alabama is distributed on a certificate of need basis. This is a highly sought-after, state-controlled SCALF license. It requires a facility to have special architectural features and additionally trained staff to accommodate dementia residents. This type of licensing is controlled by the Alabama Board of Health and is not easily acquired for new facilities. The 16-bed design of each building offers residents a cozy and homestyle environment while allowing management to operate at larger economies of scale. This smaller building design is also much in demand for containing, quarantining, and living life post-COVID 19. There are 32 units, fully occupied, offered at $100,000 per unit. There is a value-add opportunity to trim expenses to industry norms and add over $2,000,000 in potential market value. There is a strong local market need for both AL and MC. There is also the ability to expand. This is a well-maintained facility with seasoned staff. The 2017 renovations included the upgrading of the kitchen, appliances, flooring, bathrooms, fixtures, and furnishings.

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