Pioneer Village Senior Housing Facility

805 N. 5th Street
Jacksonville, Oregon 97530

Price: $15,500,000
Loans: $12,000,000±
Equity: 3,500,000±
Have: 99 unit Senior Housing facility
Income: Current NOI is $1,056,850 from property rents after management.
Terms: Cash. Interested lenders, have tentatively quoted 5% interest rate, 75% LTV on appraisal, 25 year amortization, 5 year term.
Motivation: The Property ownership is currently in a Chapter 11 bankruptcy re-organization.
Wants: Cash
Seller: Chapter 11 Bankruptcy Selling Agent

The Property

Pioneer Village is located at 805 N. 5th Street, Jacksonville, Oregon. It is a 99 unit Senior Housing facility with 37 independent living apartments, 51 assisted living apartments, and 11 independent living cottages. It is stabilized at 94.8% occupancy.

Investment Considerations

Property Benefits: Excellent building conditions. Built in 2006. Very well located in the Medford metro area in Jackson County, Oregon, which offers retirees many attractive benefits.

Remarks

Because of the nature of this offering, all communications are strictly confidential. An executed Confidentiality Agreement is required. Until authorized by Seller and/or Broker, contact with Tenant/Operator of the Property is prohibited. Creditworthiness of purchasers must be demonstrated proximate to release of due diligence materials and/or Letters of Intent.

Due Diligence materials include an MAI Appraisal Dated December 17, 2012, Financials through December 2012, and January 2013 and March 2013 Census.

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