This facility will be developed with a life lease option. An initial payment is required.
A studio suite of about 432 square feet will cost $175,000. A payment of $75,000 shall be paid at the time of reservation, $50,000 at the time construction begins, and $50,000 when half of the construction has been completed. In addition, there is a monthly service fee of $2,000-$2,500 for one person.
A one bedroom suite of about 864 square feet will cost $350,000. A payment of $150,000 shall be paid at the time of reservation, $100,000 at the time construction begins, and $100,000 when half of the construction has been completed. In addition, there is a monthly service fee of $3,000-$4,000 for two people.
If the resident moves out, the facility will buy back the unit for 90% of the initial payment.
These suites can be rented to qualified seniors at the rate of $1,000 for a studio and $2,000 for a one bedroom suite per month.
The monthly fee includes three meals, utilities, internet, weekly housekeeping, daily trash pickup, self-laundry facilities, emergency response, local transportation and daily activities. Medication management, personal laundry, and other services will be offered for an additional cost. Dedicated telephone line and cable services are offered for a minimal cost.
10% discount for the first 25 reservations with deposits.
5% discount for the second 25 reservations with deposits.
In addition, a rare pictorial book gift will be given to early birds.
All deposits are held in an escrow account until the construction begins and are fully refundable if the project does not come to fruition.