Quail Park of Lynnwood
Quail Park of Lynnwood
253-Unit Senior Living Community
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- Property Type
- Senior Housing
- Deal Type
- Acquisition
- Risk Profile
- Core Plus
Jones Lang LaSalle is pleased to present Quail Park of Lynnwood (the “Property”), a 253 unit, best-in-class, seniors housing campus located just north of Seattle.
Originally constructed in 2013, Phase I of the Property reached stabilized occupancy levels within 90 days of initial C/O and was 96% occupied leading into the pandemic. As a result of this strong performance, the Property was expanded and upgraded in 2020 to incorporate a full continuum of care and keep pace with the in-place demand. While Quail Park faced significant headwinds as a result of the COVID-19 pandemic and resulting government-imposed lockdowns, the recent easing of move-in restrictions by local Seattle municipalities has led to a demonstrable uptick in leasing momentum.
The Property thoughtfully blends a resort style atmosphere with high quality care services located on a beautiful 15-acre campus. With high quality construction, well-appointed fixtures and common spaces, and a competitive amenity mix, Quail Park offers an ideal environment for residents to enjoy the full senior living experience.
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QuailParkLynnwood_Flyer.pdf |