REO: 65+ Unit Assisted Living, 40 miles southeast of Boston

Description:

Ri Marketplace Online Auction August 11-13, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2605/reo-65-unit-assisted-living-40-miles-southeast-of-boston?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=seniorhousing_2605

Walker & Dunlop Investment Sales (WDIS), in conjunction with RealINSIGHT Marketplace, is pleased to present for sale this 65+ Unit Assisted Living, 40 miles southeast of Boston.

The community offers a compelling investment opportunity driven by significant rental rate upside, supply-constrained market fundamentals, and multiple avenues for value creation. Current rents are approximately 31% below the average for comparable assisted living communities, allowing a new owner to capture substantial revenue growth through rate adjustments. With no new assisted living or memory care developments underway within a 7-mile radius, the property is well-positioned to benefit from increasing demand in a stable, undersupplied market.

Additionally, strong market validation is provided by the nearest competitor, Blair House, which operates at a 97% occupancy level with rates well above those at the community. A new operator could leverage this dynamic by establishing a referral relationship to quickly ramp up occupancy. The asset also offers operational flexibility and long-term upside through potential reconfiguration of select assisted living units into memory care, or by dedicating a wing to residents requiring behavioral health or addiction-related services. These enhancements would allow ownership to align with shifting market needs and drive NOI growth over time.


Lynne Zink
c/o Fisher Auction Company Inc.
License: AU0003037

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