Offering Highlights:
Family owned and operated 105-Units - Built in 2006
100% private pay so it operates much like multifamily w/ added amenities of meals and resident activities.
According to the 2010 Census, the elderly population is expected to almost double by the year 2030 to 72 million to make up 19% of the total population.
These strong rates of growth will lead to growing demand for senior housing.
Edmond:
-No. 1 City in America for "Worktirement" SmartAsset, 2019
-Most Artistic Towns in America, Expedia, 2018
-Best Places to Live, Money Magazine, 2018
-Most Successful City in Oklahoma, Zippia, 2018
Near major retail and medical facilities
Excellent investment for a 1031 buyer or investor looking for a long-term stabilized return. Great opportunity for a multifamily operator to diversify his portfolio.
Buyer can obtain new financing at today's historically low interest rates
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