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Offering Highlights:
Family owned and operated 110-Units - Built in 2013
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.
Within 1.25 miles of the Norman Regional HealthPlex and a CVS Pharmacy
Norman consistently ranks as one of the "top places to live" in Oklahoma
Exceptionally stable asset with typical 100% occupancy with a waiting list
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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