Delta Valley Assisted Living Portfolio
Category: Senior Housing - Leased
Delta Valley Assisted Living Facility Portfolio consists of three assisted living facilities with two of the facilities located in Batesville and Cleveland, Mississippi and one facility located in Springdale, Arkansas. The portfolio comprises a total of 76,248 square feet with a total of 211 licensed units with an average occupancy of 96% as of May 2014. All of the facilities enjoy minimal competition and are well regarded within their respective communities as evidenced by the high volume of word-of-mouth referrals they receive as well as a robust lead base and, in some cases, waiting lists. They are located in smaller, secondary markets, but have been strategically placed within commercial and health care hubs.