Fairhaven Nursing Facility FHA # 112-SH009 (Purchased through the Federal Government)
2400 N. Bell Ave Denton TX 76209
- 2 Buildings with 100 Beds
The expanding community of Denton, TX saw increasing growth in the senior demographic over the last decade. Due to mismanagement, the property was falling into delinquency. Working with Jack Stark, USA Housing Urban Development National Manager, we were brought onto the project to breathe new life and prosperity into a previously defunct assisted living facility.
With a high-end and complete build out, we converted the units into a nearly 100 bed facility. Providing pristine individual living space and generous common areas, to facilitate the needs of the residents and their guests.
Upon completion of the remodel, with generous incentives offered, the building was fully leased up. Due to the superior finishing’s and extensive re-branding, the facility was a prime residential choice for seniors. A profitable sale was made within 2 months, leaving all invested parties exceedingly satisfied and improving the local area and market.