Keene, New Hampshire
TYPE OF ASSET: Class A Senior Living
ADDRESS: 197 Water Street, Keene, NH
YEAR BUILT: 2008
SIZE: 4.21 acres
Bentley Commons at Keene, a 5-time winner of the “Best Local Assisted Living Facility” ranking, is a Class A senior housing property built in 2008. The Property features a total of 109 units, 42 independent living units and 67 assisted living units, as well as 15+ amenities and services offered to the tenants.
New England is one of the five main states for senior housing investment, with California, Arizona, Florida and Washington completing the list.
With a median age in 2017 more than 5 years over national average, a home value over 20,000 of national average and a project household (55+) more than 4,000 dollar over national average, Northern New England is expected to grow over the U.S. average for the next five years. During that time, median income expectancy for householders 75+ is twice the national expectancy, 13.45% versus 6.70% respectively.
Keene, New Hampshire, has been recently named one of America’s Dozen Distinctive Destinations. This city is highly regarded for well-managed growth, commitment to historic preservation, attractive architecture, locally owned small businesses, and walkability for residents and visitors.
The city’s major economy drivers are small local businesses, educational institutions, medical centers, government and non-profit companies. In 2008, Keen was ranked third-least economically vulnerable micropolitan town in U.S. by Forbes Magazine.