Oakwood Terrace
$8,136,000
400 Gleason Drive, Moosic, PA 18507
27,000 sqft
Building Size
13.35 acres
Lot Area
Details:
Highlights:
- 54-Bed Personal Care & Memory Care Facility
- 27,000 +/- Sqft. Single-Story Building Situated on 13.35 Acres
- $2.24M Revenue in 2025, Demonstrating Stabilized Operational Performance
- Built in 1990 & Renovated in 1999 & 2025
- Assumable HUD 232 Loan with 3.49% Fixed Interest Rate through 2052
- Immediate Access to I-81 & 10 Minutes from Wilkes-Barre/Scranton International Airport (AVP)
- Strong Healthcare Adjacency, Including Geisinger Community Medical Center & Regional Hospital
- Durable Senior Demographics, with ~22% of Residents Aged 65+ withing the Local Trade Area
- Proximity to Major Employment & Lifestyle Drivers, Including CenterPoint Commerce & Trade Park and Regional Entertainment Venues
- Winner of Best of Senior Living 2021 Award
Description:
27,000 SF / 54‑bed senior living investment opportunity located in Avoca, PA. The property demonstrates stabilized operational performance and benefits from an assumable HUD 232 loan at a favorable fixed interest rate, enhancing long‑term financing stability. The location offers immediate access to Interstate 81 and close proximity to Wilkes‑Barre/Scranton International Airport, providing excellent regional connectivity. Supported by strong healthcare adjacency and a durable senior demographic, the asset presents a compelling opportunity within a resilient and growing senior living market.
Moosic, PA is located in the heart of Lackawanna County, offering an attractive balance of urban convenience and scenic surroundings. Nearby amenities include the Mohegan Sun Arena, a premier regional destination for concerts and events, and Montage Mountain Resorts, which provides year‑round outdoor recreation including skiing, waterpark attractions, and festivals. The property benefits from immediate access to I-81, close proximity to retail centers, dining, and 10-min drive from Wilkes-Barre/Scranton International Airport (AVP), ensuring excellent regional connectivity, accessibility, and ease of transportation.
Location
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