Magic Valley Portfolio

A 3-Building, 48-Unit Assisted Living and Memory Care Portfolio located in Southern Idaho

Asset Overview

Deal Points

  • Portfolio Alias: Magic Valley Portfolio
  • Year Built: 2005, 2011, 2015
  • Care Type: AL | MC
  • Total Units: 48
  • Buildings: 3
  • Average Building Size: 9,663 SqFt
  • Unit Type(s): Private Studio
  • Deal Profile: Stabilized

The Opportunity

The Zett Group, as exclusive listing broker, is pleased to present the Magic Valley Portfolio, a 3-community, 48-unit Assisted Living and Memory care portfolio located in Southern Idaho, for an overall purchase price of $5,000,000.

Built in 2005, 2011, and 2015, The Magic Valley Portfolio has displayed consistent operational success as displayed through strong occupancy, high private pay mix, solid NOI margin, and well-maintained physical grounds. The portfolio consists of 2 buildings of 16 units each adjacent to each other, and building 3 of 16 units approximately 25 minutes away.

The Magic Valley Portfolio offers future operators the opportunity to step in to a recently built, cash-flowing portfolio in a market with high stabilized occupancy.

With the attractive physical plants, cash-flow from day one, and consistent supply/demand dynamics in the market, this portfolio is an excellent opportunity for operators looking to step into a stabilized community within a stabilized senior housing market.

All interested parties can click "Access Portal" int he top right corner of this page and follow the following steps to access due diligence information. First round offers must be submitted by December 20th, 2024.

Investment Highlights

⦿ Strong historical NOI performance over the past 12 months

⦿ Upwards trending NOI throughout the past 12 months with T1A NOI at $689k

⦿ Most recent months occupancy at 96%

⦿ Strong rates relative to competitors
⦿ Newly built communities that stand out from the market

⦿ Private Pay Revenue makes up 94.5% of Total Revenue, on average

⦿ Limited CapEx or Deferred Maintenance on the properties

Community Amenities

⦿ Well-Maintained Outdoor Areas
⦿ Basic utilites, includes cable (excluding phone)
⦿ On-Site Salon
⦿ Washers and dryers available for personal use
⦿ Personal laundry and/or linen services
⦿ Fully Equipped Fire Safety and Sprinkler Systems
⦿ Scheduled transportation services available
⦿ All Private Suites
⦿ Private Full Baths in Building 3, Private Half Baths in Two Adjacent Buildings
⦿ Weekly Housekeeping
⦿ Recreation and Activity Room
⦿ Emergency Response System
⦿ 24-hour Call System

The Zett Group

Spud Batt

Spud Batt

Associate
The Zett Group
(509) 701-5034
Blake Bozett

Blake Bozett

Founder/CEO
The Zett Group
(509) 389-5526