KW Commercial and My ALF Consultant present a value-add opportunity in a well-established independent and assisted living facility. This purpose-built community, serving Southeast Iowa since 2002, offers significant potential for investors. The facility provides spacious assisted living suites capable of single or double occupancy, with a strong occupancy rate. The independent living section includes a variety of unit types, complete with garages and private patios, maintaining high occupancy levels.

The conversion of independent living units to assisted living is projected to substantially increase revenue, capitalizing on demand for premium spaces with care services. Additionally, the existing assisted living wing can be transformed into a memory care facility, enhancing the property's market position. The current owners, seasoned professionals in senior living, have prepared for this transition, ensuring minimal structural changes are needed. This opportunity offers immediate cash flow with potential for significant value enhancement through strategic conversions, leveraging existing infrastructure and a strong reputation in a stable market.

The assisted living business is being sold under a separate business purchase agreement, while the real estate will be sold under a distinct real estate purchase agreement through the listing broker, Jared Husmann of Keller Williams Commercial Greater Des Moines.