WelbeHealth Carson
20920 Chico Street, Carson, CA, 90746, US
1,678 m²
Atria Foster Square, a recently built 155-unit 100% private pay trophy level Assisted Living, & Memory Care Community for sale in the Silicon Valley, California (San Mateo County) Metro Area, was originally built in 2016 and is currently 94% occupied, with strong in place operating margins and cash flow with immediate upside through rate growth. The highly amenitized building achieves REVPOR over $11,000 and offers residents one of the highest end options in the Bay Area.
Located in Foster City, a special and unique enclave east of Highway 101, the Community is part of a master plan development that features 200 high-end age-restricted condominiums and 30,000 sq ft of fully-leased retail space. The Community is adjacent to Foster City Hall and the area's largest state of the art Jewish Community Center, as well as a wide array of amenities including a mixed-use grocery anchored retail complex, schools, restaurants, retail, and high-end residential neighborhoods. The location offers direct access to the heart of Silicon Valley, along with close proximity to San Francisco International Airport (SFO) 15 minutes away.