Assisted Living

SAVINGS IDENTIFIED:
1st Yr. Depr. Increase: $1,164,592

Full Life NPV: $353,403

FACILITY TYPE
Assisted Living
72 units / 42,000 sf

CLIENT DATA
Facility Cost: $6,430,243
Space Type: Built
Addl. Savings: YES

CLIENT IDENTITY

This client is a builder/owner/operator of multiple senior adult living properties.  This study is for one site.

PROJECT SUMMARY

We began working with this client after construction was completed. The value of projects in assisted living spaces is similar to the value found in apartments, except that additional value is found in elements directly related to this industry type. One item of interest, because this space has through-wall air conditioning instead of central air conditioning, this item becomes personal property available for cost segregation.