For Sale: New to Market | 39-Unit Senior Living Asset | Springfield, OR | 7.00% Cap | 12+ Year Lease Term

 

Investment Highlights

  • Absolute NNN Lease
  • Corporate Guarantee
  • Strong 17-Unit Operator (CO, MT, OR, WA)
  • 89% Census since Commencement
  • 12+ Years of Lease Term Remaining
  • 00% Annual Rental Escalations
  • Two, 5-Year Options
  • Eugene, Oregon Suburb
  • Property included Additional Undeveloped Parcel of +/- 1.40 Acres

Property Highlights

Sweetbriar Villa is licensed as a residential care Facility (RCF) and offers 30 residents care units with a licensed capacity of 39 residents.  The facility maintains an Alzheimer’s endorsement for 9 beds, and the facility is comprised of 25-Units / 30 beds of standard assisted living and a 5-unit / 9 bed secured memory care wing for persons with Alzheimer’s disease and related dementias.

The location has three residential wings plus common area amenities.  The one-story structure contains an overall gross building area of 17,738 square feet, 10,280 of which is common area with each unit being 591 square feet.

Contact Information

Josiah Byrnes
Vice President
JByrnes@EmbreeGroup.com
+1 719.243.6569
Klinton Lewis
Associate – Net Lease Services
KLewis@EmbreeGroup.com
+1 512.819.4729

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