Arbors Independent Living Community | Russellville, AR
Behold This Exceptional Retail Opportunity in Russellville, AR, Boasting a Sprawling 74,932 SF Building Primed For Success. This Expansive Property Offers a Versatile Layout, Ideal For Diverse Retail or Street Retail Applications. Its Strategic Location Ensures High Visibility and Accessibility, Attracting Steady Foot Traffic and Maximizing Exposure For Any Retail Venture. With Abundant Space For Displays, Ample Parking, and Potential For Customization, This Property Presents Endless Possibilities For Retail Investors Seeking a Prime Location to Establish or Expand Their Business. Embrace the Potential of This Substantial Property and Envision the Possibilities For Your Retail Investment in Russellville.
- The Arbors of Russellville is an Upscale, Resort-Style Independent Living Facility That is Fully Licensed, Permitted and Built Out to Be an Assisted Living Facility; Located at 697 Bradley Cove Road in Russellville, Arkansas, the Property Sits on 20 Serene Acres and Offers a Variety of Living Options. In Addition to the 75 Newly Developed Apartments Within the Main Facility, the Arbors Includes Eight 1,400-Square-Foot Garden Homes Each Featuring a Spacious Kitchen, Large Family Room, Two Bedrooms, Two Full Bathrooms, and a Two-Car Garage
- The Arbors Was Originally Built, Licensed, and Permitted as an Assisted Living Facility in 2020, and All Necessary Infrastructure and Permits Remain in Place Today; the Facility Opened Just One Month Before the Onset of COVID-19, Prompting the Ownership to Temporarily Operate as an Independent Living Facility, With Intentions to Resume Assisted Living Services in the Following Years. However, Due to Previous Mismanagement—Which Has Since Been Corrected—the Transition Back to Assisted Living Was Never Completed
- Assisted Living Facilities Typically Generate 25%–35% More Revenue Per Unit Than Independent Living, Presenting a Clear Value-Add Opportunity For a New Operator to Unlock This Upside By Returning the Facility to its Originally Intended Use
- The Facility is Conveniently Located 1 Mile From I-40 and Half a Mile From Russellville City Limits, Providing Easy Access For Visitors and Residents Alike
- The Arbors Offers Restaurant-Style Dining With 3 Prepared Meals Daily, a Beauty Shop, Exercise and Game Rooms, Housekeeping, Transportation
Services Along With Having All Utilities Paid For; Residents Can Enjoy Covered Patios, an Outdoor Fireplace With Seating, Beautiful Courtyards, a Bocce Ball Court, and Much More - Russellville is Home to a Full-Service Hospital and Several Specialized Medical Centers Ensuring That Residents Have Quick Access to Quality Healthcare Services
- Nearby Attractions: Lake Dardanelle State Park: Approximately 5 Miles From The Arbors, This State Park Offers Fishing, Boating, and Scenic Views of Lake Dardanelle; Bona Dea Trails & Sanctuary: Located About 4 Miles Away, This Area Provides Walking Trails and Opportunities For Bird Watching in a Serene Environment; Tucker Coliseum: Located Within Russellville, Tucker Coliseum Hosts Various Sporting Events and Concerts, Providing Entertainment Options For All Age Groups
In Cooperation With Sands Investment Group Arkansas, LLC – Lic. #PB00085157 BoR: Andrew Ackerman – Lic. AR#PB00085157
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