Royal Haven at Woodstock is located in the picturesque Shenandoah River Valley approximately 90 miles from Washington, DC.
At the time of sale, Royal Haven was vacant as ownership elected to invest in property upgrades and site improvements to the community. Blueprint attractively positioned the offering and procured an acquirer who found significant value in implementing its own capital investment program for the asset.
The purchaser was a regional operator with a specific focus on providing assisted living and memory care services in Virginia. The purchase price for this transaction in undisclosed.
Steve Thomes and Tim Cobb were the advisors on the transaction.