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225 E Brown Deer Rd, Fox Point, WI 1706-1708 Washington St, Grafton, WI
Alta Vista Senior Living Portfolio
Asset ClassSenior Housing
# Buildings2
Two-Facility Assisted Living Portfolio | Vacant Bayside + Leased Grafton | 37 Units
overview of deal

Overview

Cushman & Wakefield | Boerke is pleased to offer the Alta Vista Senior Living Portfolio - a two-facility, 37-unit assisted living portfolio located in Bayside and Grafton, Wisconsin. The Bayside facility (20 units) will be delivered vacant in early 2026, providing a strong value-add or healthcare conversion opportunity in an affluent North Shore market. The Grafton facility (17 units) is 100% leased through 2027 to Harvest Home Senior Living Services, Inc. under a NNN lease with 2% annual escalations and a five-year renewal option, offering in-place cash flow and operational stability. The portfolio benefits from high senior demographics, limited competition, and multiple repositioning strategies.

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Investment Highlights

  • Grafton: NNN lease through 2027 with 2% annual escalations
  • Bayside: 20-unit facility delivered vacant in early 2026
  • Located in affluent, supply-constrained suburban markets
  • Strong senior demographics and household incomes
  • Multiple exit strategies: re-tenant, redevelop, medical conversion, or operate
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225 E Brown Deer RdFox Point, WI 53217

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