Heritage Assisted Living

9025 NW Expressway, Yukon, OK 73099

Plains Commercial has been retained as the exclusive marketing adviser for the sale of Heritage Assisted Living (Heritage) in the Oklahoma City MSA. Offers will be evaluated based on price, terms, and investor qualifications.

Heritage offers investors an opportunity to acquire a “B” quality ALF at well below replacement cost with strong in place cash flow. The facility currently offers a mix of both private pay and Medicaid Advantage residents. The State of Oklahoma implemented a 25% permanent rate increase in the fall of 2022 for the Medicaid Advantage program showing the state’s commitment to the program.

Heritage has a long history of high occupancy and strong cash flows with a strong reputation within the market. The facility offers investors a unique opportunity to take over a facility with strong in place cash flow and continue to grow on the strong operating history within the market. Heritage also has an assumable HUD loan in place with attractive terms. For investors looking for lower leverage, the assumption of the existing HUD loan offers the opportunity to boost their levered yield.  

Located in northwest Oklahoma City, Heritage is centrally located near hospitals, skilled nursing facilities, major retail developments, and major residential developments. This offers investors convenient access for any travel needs, access to major healthcare providers, access to a number of potential referral sources, and a strong local resident population to pull from and market to.

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Contacts

broker

Daniel Morris

Plains Commercial Real Estate

(405) 445-5799

Location

Getting Around

  • Walk Score ®

    27/100 Car-Dependent

  • Bike Score ®

    29/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Yukon, OK
  • Neighborhood Harvest Hills
  • Zip Code 73099
  • Market Oklahoma City

Points of Interest

  • 7-Eleven

    1.21 miles

  • 7-Eleven

    1.71 miles

  • Sam's Club

    1.84 miles

  • 7-Eleven

    2.14 miles

  • 7-Eleven

    2.22 miles

  • E-Z Mart

    3.12 miles

  • 7-Eleven

    3.22 miles

  • OnCue

    3.25 miles

  • Valero

    3.80 miles

  • CNG

    5.13 miles

  • Harvest Hills Church Parking

    0.43 miles

  • Airport Parking

    3.56 miles

  • Torks Parking

    5.15 miles

  • Heritage Lanes

    7.17 miles

  • Golf Cart Parking

    7.26 miles

  • Penn Square Mall Multi-Story Parking

    8.22 miles

  • Parking Garage

    8.63 miles

  • Chesapeake Central Park

    8.69 miles

  • Chesapeake Car Park 1

    8.83 miles

  • Chesapeake Car Park 2

    8.86 miles

  • Motel 6 Oklahoma City NW

    2.82 miles

  • Executive Inn

    3.08 miles

  • Fairfield Inn & Suites

    3.98 miles

  • Home2 Suites by Hilton Oklahoma City Quail Springs

    4.05 miles

  • La Quinta Inn & Suites by Wyndham Oklahoma City - NW Expwy

    4.27 miles

  • Extended Stay America - Oklahoma City - Northwest

    4.34 miles

  • Residence Inn

    5.08 miles

  • Country Inn & Suites

    5.67 miles

  • Holiday Inn Express & Suites

    5.72 miles

  • SpringHill Suites Oklahoma City Quail Springs

    6.19 miles

  • Taco Bell

    0.86 miles

  • Braum's

    0.88 miles

  • Sonic

    1.09 miles

  • Arby's

    1.14 miles

  • McDonald's

    1.21 miles

  • Burger King

    1.27 miles

  • China House

    1.29 miles

  • WingStreet

    1.57 miles

  • Pizza Hut

    1.57 miles

  • Wendy's

    1.59 miles

  • Harvest Hills School

    0.86 miles

  • Northridge Elementary School

    1.35 miles

  • Saint Francis DeSales Seminary

    1.89 miles

  • Putnam City North School

    2.36 miles

  • Wiley Post School

    2.43 miles

  • Kenneth Cooper Middle School

    2.46 miles

  • Francis Tuttle Vo-Tech School

    2.63 miles

  • Surrey Hills School

    2.68 miles

  • Dennis School

    2.69 miles

  • Hefner Junior High School

    3.36 miles

  • Wonderland

    7.15 miles

  • Childtime Child Care

    7.19 miles

  • Deer Creek Day Ranch

    9.03 miles

  • University Chosen Few Childcare Center

    9.52 miles

  • Apple Tree Early Childhood Daycare Center and Development

    9.55 miles

Frequently Asked Questions

What is the total square footage of Heritage Assisted Living?

Heritage Assisted Living totals 57,963 square feet.

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Contact Listing Broker

broker

Daniel Morris

Plains Commercial Real Estate

(405) 445-5799