The property contains an existing independent living facility that was built in two phases. The first phase in 2003 contained 59 units, the second in 2005 with an additional 43 units. An additional 60 units can be built onto this facility utilizing existing kitchen and common areas, with no additional ground cost. Big upside to build additional 60 units on existing ground.

Community services include dining with restaurant style service offering three meals per day prepared by the Five Star Chef, beauty/barber salon, ice cream and popcorn parlor, meeting room, weekly housekeeping, transportation, private chapel, health care services, dry cleaning pick up & delivery, activity rooms, billiards room, patio units, social activities and full time staff.

Location Description:

The subject is located in the popular suburban area of Kansas City known as the "Northland". This area is between downtown Kansas City and the International Airport and has seen phenomenal growth over the past few years.

Highlights:

>> New Development with Additional Ground Available

>> Independent Living Facility with Amazing Amenities

>> High Quality Construction & Landscaping

>> High Growth Suburban Area of Kansas City, MO

* Email for additional photos

Sales Info:

>> Cap rate: 6.7%

>> NOI: $1072045