|ASSISTED LIVING FACILITY
The property is a vacant 5.5 acre site with frontage on Dean Road in the Orlando area of Orange County, Florida. The use of the subject site for senior housing is compatible with the surrounding area. Furthermore, a market analysis and feasibility study has been completed reflecting strong demand for the subject site for its proposed use.
The subject property is a well located and fully entitled senior housing development site with approval in place for a 161 unit facility. The development will take place in two phases. This funding request if for Phase I which will be comprised of 125 units. The proposed development has a financially strong Sponsor, an experienced senior housing Developer/Management Company and the enthusiastic support of local officials.