Life Plan Community Investment Opportunity

The site is positioned in the center of the town of Prescott Valley with easy access from both major arterial highways serving the community. Additionally, the property provides spectacular mountain views and is less than 2 miles from the primary retail center of Prescott Valley offering an entertainment center, Hospital, restaurants, Banks, Offices, and some of the best shopping in Yavapai County as well as multiple outdoor recreational activities in the nearby area.Offered for sale is this fully entitled, shovel ready Senior Living project ideally located in Prescott Valley AZ. The project is anchored around the existing 54,500 SF, 3-story former university building that will serve as the community center. The existing building can facilitate community activities and accommodate uses including memory care facilities, caf? and restaurant, sports and fitness, as well as senior memory care apartments. The Senior Living community is approved for either a 55 and overactive adult community or a full Continuing Care Retirement Community (CCRC). The site has been approved for 259 residential units with a mixture of Apartments, single family cottages, and townhomes as well as potential for multiple restaurants, pickleball and tennis, and other amenities. This Senior Living enclave will be at the center of a possible larger adjacent development that will have potentially 2000 new single-family homes as well as commercial locations.