Assisted Living Community in Cumming, GA Sells for $7.5 Million

Laurel Creek Manor, Cumming, GA

 TAMPA, FL -- CLW Senior Housing is pleased to have represented Servant Healthcare Investments (Laurel Creek), LLC in the sale of Laurel Creek Manor, an Assisted Living/Memory Care community located in Cumming, Georgia.

Occupancy at the community has been averaging 95% to 100%.

The property was purchased by CNL Lifestyle Properties, Inc. for $7.5 million ($156,250 per unit).

Contact:

Allen McMurtry • 813.349.8349 • amcmurtry@clwrg.com

Megan Fetter • 813.349.8344 • mfetter@clwrg.com