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Situated in the Northwestern Ohio town of Antwerp, Antwerp Manor is a 52-unit assisted living community that was originally constructed as an elementary school
Built in 1920, the school was redeveloped into senior housing in 2007 and also features a gymnasium and the only sit-down restaurant in Antwerp
Blueprint was engaged by the original developer who took operational control of the community in 2018 after the previous operator declined their lease renewal
Blueprint conducted a targeted marketing campaign to local, regional, and national seniors housing operators and investors targeting a focused buyer attracted to a smaller but high upside opportunity
The buyer, an Ohio-based owner-operator, plans to take advantage of the proposed rent increase to the Ohio Assisted Living Medicaid Waiver program
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