Property details
Senior Conversion Opportunity | From Independent Living To Assisted Living, Southeast Region
Property Description
Senior Conversion Opportunity | From Independent Living To Assisted Living
Currently operating as a fully operating resort and upscale Independent Living facility.
Value Add Opportunity to convert and build out to an Assisted Living Facility.
This property is located on over 25 acres.
This facility was originally licensed, permitted and built as an Assisted Living Facility in 2020.
All necessary infrastructure and permits remain in place today to convert to an Assisted Living Facility.
Assisted Living facilities typically generate 25% to 35% more revenue per unit than independent living facilities.
This presents a clear value-add opportunity for a new operator to unlock the upside by returning this facility to its originally intended use.
Images
Highlights
- Status:
- Available
- Price:
- $21,000,000
Property Information
- Property Type:
- Senior Housing
- Industry Type:
- Senior Housing
- Units/Spaces:
- 1
- Year Built:
- 2020
- Land Area:
- 27.50 acres
- Purchase Tenure:
- Fee Simple
Existing financing information
- N/A
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.