North Strabane Retirement Village was originally built in 2001 and licensed for 70 Personal Care beds adjacent to its sister skilled nursing facility. The nearly 50,000 square-foot, two-story building sits on approximately seven acres and consists of six semi-private rooms, 25 studio apartments, and 33 one-bedroom units. Unit sizes range from 135 to 342 square feet and all units feature private bathrooms.

Blueprint conducted a formal auction to drive market interest despite the community’s prior operational challenges which led to its strategic closure. Highlighting the property’s physical plant quality and layout flexibility, Blueprint positioned the offering as conducive to a wide range of housing options or healthcare services, including being relicensed to offer personal care or assisted living services.

Blueprint canvassed the market of senior living acquirers, alternative use developers, and opportunistic real estate investors, attracting interest and competitive bids from multiple parties. The winning all-cash bid was received from a local real estate investor intending to invest significant capital into the property.

Throughout the process, Blueprint worked closely with all stakeholders to ensure a smooth closing within 75 days of marketing launch. This transaction highlights Blueprint breadth of capabilities and its dedication to delivering results, regardless of complexity, ensuring client satisfaction and a seamless sale experience.