105 Total Units, with 24 different layouts, including studios, one-bedrooms, and twobedrooms.
A continuum of care: 34 independent living, 43 assisted living, and 28 short term care units.
Onsite amenities, including options for food entertainment, & services.
Prime location, in a market with a growing demand for senior housing.
The 65+ population living within a 5-mile radius of the project site totals nearly 20,000 and represents 13.9% of the total population.
OVERVIEW
The Grand Royale is a newly redeveloped Senior Living Facility located in Gladstone, MO. This asset is state-of-the-art, consisting of 34 independent living, 43 assisted living, and 28 short term care (SNF) beds--71 licensed Certificate of Needs (CONs) per the state of Missouri. The facility includes numerous onsite amenities, such as a café, speakeasy, salon and barbershop, movie theater, recreation room, and more.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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STATUS
Existing
SALE TYPE
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BUILDING DETAILS
PROPERTY NAME
The Grand Royale KC
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Assisted Livings
ADD'L SUBTYPES
Congregate Senior Housing, Continuing Care Retirement Com, Skilled Nursing Facility