The following article is important tax information for anyone considering the sale of their seniors housing facility. Contact Grant Kief at email@example.com or 630/858-2501 if you would like a marketing analysis prepared for your property.
Ryan Saul and Bradley Clousing sold a 63 unit Assisted Living and Memory Care Facility in central Florida. The facility, constructed in 2010, is located adjacent to The Villages, a premier retirement community with over 80,000 residents ages 55 and over.The facility was constructed under the HUD 232 program. Since opening in 2010, the facility has steadily improved to over 80% occupancy. The improving census combined with the location and newer construction, should make this a successful investment for the new owners. For addisitional information, please contact Brad or Ryan at 630/858-2501.
We know the market inside and out and will be sure to connect with the selected appraiser before they begin their work. Senior Living Investment Brokerage can provide the most current, valid comparable data that support the subject property. We find that being proactive and detail-oriented often translates into a higher success rate of getting deals closed. Please contact Ryan Saul to discuss the current market and how we can help with your buying and selling needs.
Bradley Clousing sold a 169 unit Assisted Living/Memory Care Facility located in the St. Petersburg/Tampa Bay MSA. The facility was built in 2010 and consists of 168 units/218 beds and 8 commercial suites. The facility has enjoyed a steady lease-up to over 80% occupancy since opening and outpacing the initial projections. The facility had existing assumable, non-recourse HUD debt with favorable terms. For additional information on this transaction or information regarding the Florida seniors housing market, contact Brad Clousing at 630/858-2501 or firstname.lastname@example.org