Assisted Living | Memory Care Platform

SAVANNAH HOUSE,
PHEONIX, AZ

Savannah House is an Assisted Living and Memory Care Facility located in Gilbert, Arizona. The community has 74 assisted living rooms and 42 memory care rooms. The facility is considered up market and only caters to private pay market. The facility is ½ mile from the Banner Gateway Medical Centre and on the doorstep of Phoenix metro areas.

Assumed exit yield and profit IRR’s are estimates. Market conditions will dictate the final outcome of these returns.

The Property:
  • The property opened in April 2017.
  • Stabilised occupancy is 90% and the property is anticipating stabilisation by 31 December 2019.
  • The property is approximately 120 000 square foot built on 7.5 acres of Land.
  • A large independent living facility neighbors the property and across the road commencement on a large retail development has commenced.
  • The demographics of the county also support the investment with 8000 people per day turning 65.