S&R News

For Sale: New 100+ Unit Active Adult Community + Value Add

  • Offering Price: TBD
  • Motivated Seller – Willing to look at all offers.
  • Active Adult Community + Land Development Opportunity.
  • Located for sale in gorgeous Upstate New York.
  • Total of 100+ units, 60+ Beds.
  • Highly profitable.
  • Year built: 2020
  • Building size: Approx. 68,000 sq. ft.
  • Lot size: 12+ Acres
  • Total monthly gross revenue $130,000+.
  • The average rate per consumer is $2,700+.
  • Excellent, established staff who have a pristine reputation within their community.
  • Natural beauty, mild climate, and welcoming community.
  • Ideally situated near multiple medical centers.
  • Not actual photo*
Value Add Opportunity:
  • 4 Acre land development opportunity included in the purchase with approved plans for an additional 30+ units (single story, active adult housing). This opportunity would net an additional $81,000+/mo.
Sherman & Roylance has been entrusted to pre-qualify any and all prospective buyers and to maintain confidentiality, an NDA is required for more information on this opportunity.
Nondisclosure Agreement
Sign and Send to SR-HQ@SRSeniorLiving.com