Memorial Hermann - Webster, TX
300 Rogers Court, Webster, TX, 77598, US
8 441 000 $ | 1 080 mètres carrés
Description du portefeuille
JLL Seniors Housing Capital Markets is pleased to exclusively offer for sale two seniors housing communities (“Portfolio,”). The Reserve at North Dallas in Dallas, TX and Thunderbird Senior Living in Phoenix, AZ are offered independently to the market, and prospective buyers are able to acquire each individually or together. Each community is currently managed by Stellar Senior Living.
The Reserve at North Dallas is a 274 unit independent and assisted living community that is 100% private pay. Originally built in 2000, the community offers substantial upside through continued leasing. Stellar assumed management in Q3 2024 and has ignited material improvements since then, and the community is well positioned to achieve stabilization within the next two years.
Thunderbird Senior Living is a 345 unit independent, assisted living, and memory care community that is 100% private pay and located in the densely populated Glendale, Arizona submarket of Phoenix. Originally built in 1986, the property was thoroughly renovated in 2014-2015. The community offers high upside through continued leasing and margin improvement. Stellar also took over operations in 2024 and has effectuated considerable improvements since then, and the community is well positioned to achieve stabilization in 2026.
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Attributs
Nombre d'unités
619
Superficie du bâtiment brute
55 123 mètres carrés
Superficie du terrain brute
6,03 ha
Bridge Two Property Portfolio (2 Propriétés)
Bridge Two Property Portfolio (2 Propriétés)
Média
Points forts de l'investissement
- Pre Stabilized Performance
- Each community offers value add opportunities through leasing and select capital improvements.
- Low Acuity
- The communities serve a low acuity resident population with only Thunderbird offering memory care.
- Large Unit Sizes
- There are a low number of studio units at each community, which contributes to average unit sizes that are larger than industry norms and much of the competitive set.
- Infill Locations
- Each community is located in a high traffic and visible corridor of their respective submarket, with close proximity to hospitals, retail/commercial, and dense residential housing developments.
- Below Market Rents
- Neither community presents top-of-market rents and offers the next owner an ability to sustainably increase rental rates throughout the holding period.
- Optimal Offering Structure
- In addition to each community being offered free and clear of financing and management, they are also able to be acquired independently or as a portfolio, ensuring maximum flexibility.
Contactez les courtiers
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
1 mai 2025
