- Listing Type: Sale
- Primary Use: Multi-Family
- Parcel Number: 794-08-027
- Sub Market: SE Cuyahoga County
Sold as a portfolio, together with 820 E. Dawnwood. Rare investment opportunity in niche assisted living market. Two easy-to-manage assisted living properties with stabilized cash flow and significant upside. Private pay clientele in suburban locations with solid demographics (Seven Hills and Walton Hills). Located in quiet residential settings where families can easily visit and residents can be within a family neighborhood. Extremely attractive alternative to “institutional” assisted living. Fully renovated within the last three years to comply with State of Ohio licensing requirements. On-site personnel interested in staying on as employees of new owner to foster continuity of care for residents. Turn-key operation for entrepreneurial investor or an established operator looking to grow its portfolio.
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