Willamette Valley AL

The Zett Group is pleased to offer Willamette Valley AL, a value-add 60-Unit Assisted Living Community located in Oregon.

Situated 5 minutes north of downtown amenities, this asset features 60 units of Assisted Living. Originally built in 1995 and serving 80%Private-Pay residents, this community benefits from a local senior housing market that reflects slight undersupply. With only 5 comparable communities offering AL in market, representing 388 AL beds in a 65+ population of 8,350, the community is positioned to maintain high occupancy numbers already proven over the past 24 months.

Willamette Valley AL offers an excellent value-add opportunity for future operators. Impressive Revenue, high Private Pay mix, high occupancy but with a 10% NOI margin is an attractive investment thesis for Oregon-based operators especially. It’s these operators that have existing operations that will use their regional resources to reduce overall expenses and create economies of scale. Even with value-add opportunities, this community offers cash-flow from day one for any future operator, cash-flow driven by consistent occupancy and solid rates.

The asset presents a compelling value-add investment thesis to investors due to its highly impressive revenue generation, stable market, and attainable opportunities to increase the bottom line.  Investors will be positioned to achieve significant returns and high upside potential upon exit from Willamette Valley AL.