Well-Maintained Asset: Constructed in 2006, the Property has been well-maintained with limited deferred maintenance. Prior ownership reportedly invested approx. $3.25 million since 2021 into the Property, including but not limited to common area upgrades, amenity improvements, and unit renovations.

Expansive Amenity Package: Management provides an enhanced living experience through social programming and the use of community amenities, including an indoor pool, fitness center, bocce ball court, salon, library, chapel, and media room. In-unit amenities include fully equipped kitchens (excluding studios and petite one-bedrooms), weekly housekeeping, all utilities including cable and internet, and 24-hour associate support.

Convenient Location: The Property is located within the Town of Brighton, which offers a number of nearby amenities including recreational, medical, dining, and shopping. Nearby amenities include Ellison Park, which has over 447-acres of green space offering numerous amenities including trails, athletic fields, playgrounds, disc golf, tennis and pickleball courts, and fishing. The Property has convenient access to nearby retailers including Wegmans, ALDI, Trader Joe’s, Barnes & Noble, and CVS Pharmacy.

Enhanced Quality of Life: According to US News & World Report, Rochester, NY is within the top 25 best places to retire in 2024 thanks to a low cost of living, favorable healthcare score, and praise for its friendly residents. Rochester offers more than 3,500 acres of nationally recognized parks along with water activities along Lake Ontario.

Stable Demographics: Per ESRI, the 55+ population is expected to comprise 30.3% of the population within a 3-mile radius by 2029. The average household income and home value within a 3-mile radius is $105,896 and $297,003, respectively.

Experienced Sponsorship: Founded in 2016, Livingston Street Capital (“LSC”) is a boutique commercial real estate private equity firm focused on acquiring and managing active adult and independent living facilities across the country.