realestate

Two Luxury Assisted Living Properties for Sale

Hilco Real Estate Announces June 12, 2025 Bid Deadline for The Courte at Citrus and Other Assisted Living Facility

H
ilco Real Estate, LLC is soliciting bids for two prime assisted living facilities: The Courte at Citrus Heights in California and The Landing on Dundee in Illinois. Prospective buyers have until June 12, 2025, to submit their offers.

    The Courte at Citrus Heights, situated just 17 miles from downtown Sacramento, boasts a strong occupancy rate of 87% and features 48 units across 27,768 square feet. This modern memory care facility prioritizes resident comfort, independence, and accessibility, incorporating research-backed programs inspired by Maria Montessori and Dr. Cameron Camp.

    The property's location within the Sacramento metropolitan area provides access to a robust healthcare network, with 13.7% of the workforce employed in healthcare and social assistance. Nearby medical providers include California Medical Center, UC Davis Medical Group, Mercy San Juan Medical Center, and Citrus Heights Post Acute, a 4-star Medicare facility.

    The Courte represents a high-value asset with considerable potential for efficient use and strong revenue growth, making it an attractive opportunity for investors seeking to expand their portfolio in northern California.

    In contrast, The Landing on Dundee is a five-story, 86,789 square-foot assisted living and memory care facility in Wheeling, Illinois. Built in 2019, this modern community features diverse floor plans across 100 units, including private studios, semi-private studios, one-bedroom units, and two-bedroom apartments. Residents enjoy luxury amenities such as a spa, salon, bar, lounge, coffee shop, and fitness center.

    With an occupancy rate of 80% and MXT zoning, The Landing offers investors flexibility to enhance its potential and possibly incorporate additional retail or commercial services, creating opportunities for an all-inclusive senior living community with expanded amenities and conveniences.

    Both properties present compelling investment opportunities in assisted living and memory care, offering turnkey solutions with modern amenities, efficient management, and growing demand for senior care in their respective regions.

Two upscale assisted living facilities for sale, located in a major city.