A St. Louis Assisted Living Facility located in an upscale
residential community. This facility offers its seniors personalized care in a
home-like setting. The business opened its doors in a newly constructed
building in 1990 and added a west wing in 1992. It has been under current seller’s
ownership since 1996. There are 2 Independent Living beds located in an
upstairs apartment, 10 licensed Memory Care beds in a secured west wing, and 20
licensed Assisted Living beds located on two halls in the main building
totaling 32 beds in all. The financial history is excellent and the annual
occupancy rates have been over 90% for the last 4 years.
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