'); Colliers International | Properties | Senior Housing - Investment Opportunity

Senior Housing - Investment Opportunity

1135 Ocean Parkway Ocean Pines, MD 21811

  • 6.3 Acres
  • Healthcare-Medical
  • For Sale

Summary Description

Ocean Pines Senior Living Community (OCSLC)  sits on 6.3 acres and is located in the highly desirable area of Ocean Pines, MD.  This community has 3 buildings, 1 larger building with 52 apartments, 2 smaller building with 32 units and is accessible through the South Gate.  This opportunity presents itself during a favorable time for investors and operators, as the seniors housing industry is thriving. 

Property Status: Operating Senior Housing Community

Price: $10,500,000.00

Area Available: 6.3 Acres

Features:

  • Located on Marylands Eastern Shore
  • Continuum care, senior community
  • Selling 67 units/ apartments
  • 81 unites/beds licensed for assisted living
  • 2017 projected NOI = $1,000,000

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