Desert Oasis
A 45-Unit Senior Housing Asset Located in New Mexico
Asset Overview
Deal Points
- Asset Alias Desert Oasis
- GBA 24,499 SQFT
- Care Type AL | MC
- Year Built 1996
- Lot Size 2.85 Acres
- Building Class Class B
- Occupancy 98%
- Units 45
The Zett Group, as exclusive listing broker, is pleased to present Desert Oasis, a 45-unit Assisted Living and Memory Care community located in Southern New Mexico, listed at $6,500,000.
Originally built in 1996 and well maintained since its opening, the 24,500 square-foot building is in excellent condition, featuring modern interior finishes, large community spaces, and serene outdoor walking areas. Residents enjoy updated private suites, each with its own full bathroom. Future owners of Desert Oasis will be able to focus capital expenditures on improving operations rather than addressing deferred maintenance.
The operations of Desert Oasis are as stable as it comes. With occupancy above 90% for 11 of the past 12 months and a 100% private pay mix over the last 6 months, future owners can be confident in consistent performance and steady cash flow. With excellent visibility and limited competition within a 5-mile radius, Desert Oasis is well positioned to thrive in the years ahead.
With its attractive physical plant, strong operational performance, and a location in the second-most populated city in New Mexico, Desert Oasis represents an ideal opportunity for investors seeking to grow their portfolio with a stabilized, high-performing asset.