About the Investment

• The 20-year triple-net (NNN) lease term allows for tenant security and zero landlord responsibility. Tenant recently invested in a 500 SF addition to the property showing their commitment to the location.
• Annual rental increases hedge against inflation and increase yearly NOI.
• By 2025, over 25% of the US population will be over 65 years old. There is a deficit of 1.3 million licensed beds needed to fulfill projected demand in 2029. The subject property has been at 100% occupancy with an extensive waitlist since December 2022
• A residential assisted living (RAL) home is a non-medical environment modeled after contemporary homes rather than clinical settings. Studies have shown home-like atmosphere and a sense of community where seniors feel known can reverse depression in elders
• Customized care plan for each resident including high quality care, comfortable living spaces, and engaging activities. Unparalleled staff-to-resident ratio.
• By 2034, older adults 65+ will outnumber children 18 years and younger for the first time in history.