7.00% In-Place Cap Rate providing immediate day-one cash flow
Attractive pro-forma cap rates in Years 1 – 4, exceeding 9.30%
Dense surrounding population with 60,000+ residents within a 5-mile radius.
Significant nearby residential development pipeline with nearly $800M in value within 5 miles totaling over 2,000 housing units.
Over $100,000 in capital improvements put into the property over the past 24 months, including 55 new doors, a new security system, installed internet and removed trees.
Strategic Triad location approximately 6 miles from Piedmont Triad International Airport.
Per TractIQ, LifeCo-reporting facilities within 4 miles have consistently operated at 93%-99% physical occupancy since 2022.