Details - Information last confirmed on May 12, 2021
This is a 50 bed Assisted Living facility located in the Oklahoma City MSA market. The offering is for both the real estate and the business. This is a great value-add opportunity as the facility has performed below the market occupancy and rental rates. Also, it is a more intimate size facility compare to the competition. The owner has stated putting in approximately $280,000 in capital improvements. The facility is in a great location near several residential neighborhoods, medical service area, close to major thoroughfares. The total population is over 226,000 residents within a five-mile radius and projected to grow approximately three percent by 2024. The seventy-five and over aged population is over 11,000 residents and projected to grow over 19 percent by 2024 within the five-mile radius.
Please reach out to me if you would like further information. Seller will review all offers.
(This is a confidential sale.)
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