Site Overview | Ellet Development Opportunity: This site is well-positioned for a new high-rise multifamily or senior living development. Proven Senior Housing Demand: Two 9-story senior apartment buildings sit directly to the south, both reporting very high occupancy and strong tenant stability — clear evidence that senior housing demand in this immediate area is durable and well-supported. Location, Location, Location: Situated in the heart of Ellet’s commercial district, the site benefits from established foot tra?c and visibility, reducing lease-up risk.