Prosperity Pointe

Avison Young Knoxville is proud to present Prosperity Pointe, a 53 unit senior living and memory care investment opportunity. Currently containing 53 units, Prosperity Pointe was recently approved for a 44-unit, 28,000 SF assisted living/memory care expansion. It's location in Cedar Bluff gives it access to both residential amenities, shopping, and service providers. Originally a hotel, the property was transitioned into its current use in 2016 with a full renovation. The three-story building now contains a nurse's station, game room, theater, therapy room, salon, conference room, kitchen, and dining room, all with controlled access at the main entrance. At 94% occupancy, this property is a prime investment opportunity at $6,500,000.