|
|
4/21/23
|
Inspired Healthcare Capital paid $35 mil for Crescent Park, a 119-unit ($294k/unit) independent living community in Eugene, OR. The property, located at 2951 Coburg Rd, was sold by an investment management firm with a focus on alternative assets including seniors housing.
Built in 2014, Crescent Park is a modern three story, 116k sf community on 5.74 acres. The property offers a great mix of studio, one-bedroom, and two-bedroom units and high-quality amenities and scenic views. The community is conveniently located along Coburg Rd near the confluence of Interstate 5 and SR-569 freeways.
Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, and Dan Baker represented the seller in the transaction.
“Crescent Park showed exceptional stabilized performance throughout the pandemic and closed at the original contract price despite challenging capital markets,” said Rosenzweig.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
