CHICAGO, IL (BUSINESS WIRE)--The real estate brokerage firm of Marcus & Millichap has been retained on an exclusive basis to handle the sale of an institutional quality assisted living facility located on the Big Island of Hawaii. The 125+ unit community was built in 2001 and is situated on approximately five acres just blocks away from the Ocean. Approximately 110 units are designated for assisted living and the remaining are designated for memory care. Occupancy has been trending up over the past twelve months, and the property is in excellent condition.
Jacob Gehl (bottom right photo)and Ben Firestone of Marcus & Millichap’s Chicago office has been hired and are working in cooperation with Ron Teves Marcus & Millichap’s Hawaii Broker of Record. All bids are due by October 21, 2011, and any interested parties should contact William Robinson for more information. Wrobinson@marcusmillichap.com or 312-327-5400
Marcus & Millichap Real Estate Investment Services is the largest firm with a group specializing in senior housing brokerage services in the nation. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry's most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally. For more information on our senior housing group please visit www.mmseniorhousing.com .
Contacts
W. Walker Robinson Jr
Operations Director
Senior Housing Group of Marcus & Millichap
333 W. Wacker Drive, Suite 200
Chicago, IL 60606
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