The Knapp-Stahler Group of Institutional Property Advisors sold a seniors housing asset on behalf of an institutional investor. Located in the Tampa, Florida MSA, the community has 132 units of assisted living and memory care and demonstrated strong operational performance. It appears to be American House Zephyrhills, which was built around 2009.
The marketing process generated strong interest from investors. Ultimately, an institutional buyer acquired the asset and retained the existing management team ensuring continuity for residents and staff. Justin Knapp and Nick Stahler handled the transaction.
