Shep Roylance and Lee Blake of The JCH Group recently traveled to Hawaii to facilitate the sale of a 152-unit senior living property in Hauula. In this community, all of the units are licensed for assisted living, but a large portion of the residents require little to no care and are basically independent living. There are also memory care, hospice, respite and adult day care services. It was built in 1997 with 90,351 square feet on 7.98 acres, and comes with a 99-year land lease. A local owner/operator paid $6.64 million, or $43,684 per unit, for the community, and Messrs. Roylance and Blake represented both the buyer and seller in the transaction.
Oceanside on Oahu
