Haris & Company

Confidential Senior Housing Sales and Leasing


200-Unit ALF SOLD

$19,100,000

Features

Transaction Type: For Sale . Senior Housing Type: Assisted Living

Status: Just Listed . Active Interest: 40 . Offers: 8

Location: California . Units: 200 . YTD Occupancy: 91% . Year Built: Various . Sq Ft: 198,000 . Trailing 12m NOI: Contact Haris & Company . Project YE NOI: Contact Haris & Company

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Overview

THIS COMMUNITY HAS SOLD: Haris &Company has been hired, on an Exclusive-Right-To-Sell basis, to confidentially market for sale two Independent/Assisted Living communities located in the California. Both communities are over 90% occupied. One community has additional land for possible expansion. Both communities are very well located. The average asking price per unit is approximately $98.5k ($73k per bed). The total combined square footage for both communities is approximate 198,000 sq. ft. ($96 per sq. ft). Some preference will go to operators that can close escrow on or prior to 12/31/2012, and/or to those that purchase both communities together. To receive a password to access this opportunity's identity, location and marketing package, read the instructions below to submit a Confidentiality Agreement. Our clients reserve the right to determine which operators shall receive confidential information. THE COMMUNITY PHOTO SHOWN IS NOT ACTUAL.

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In order to protect the residents, staff, and identity of the subject facility from the sales process, a sale of this type must be conducted confidentially. Therefore, the name of the facility, income and expense figures, and exact location can only be disclosed to parties entering a confidentiality agreement with Haris & Company. To enter this agreement, submit the form below. Haris & Company will email you a password to access the information.

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