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2023-06-21 EDA Packet
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2023-06-21 EDA Packet
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Market Analysis for Downtown Redevelopment <br />City of Centerville Economic Development Authority <br />April 3, 2023 <br />3.12Profiles of Selected Senior Housing Communities in the Downtown Centerville PMA (Continued) <br />Vacant Unit <br />Rent per <br />Units <br />UnitsType <br />Size of Unit <br />Base Rent <br />PropertySquare Foot <br />Independent Living with Services (Continued) <br />2921BR833$4,295$5.16 <br />Keystone Place at Meals are available but not included; <br />LaValle Fields 2BR1,189-1,340$4,395-4,795$3.70-3.58 <br />units include full kitchens, in-unit <br />14602 Finale Ave N <br />washer and dryer, and some <br />Hugo <br />patios/balconies; amenities include <br />community room, dining room, and <br />Year Built: 2015 <br />fitness center. Includes all utilities. <br />Assisted Living <br />2412Studio <br />NorBella Senior Living 380$3,900$10.26Three meals per day and light <br />2025 Michaud Way <br />housekeeping included; units include <br />CentervilleService Packages <br />kitchenettes; amenities include <br />Required care packages <br />community room, and dining room. <br />Year Built: 2022 <br />Monthly fee includes heat, central air <br />conditioning, water and trash. <br />400Studio441-649$3,660-3,990$6.15-8.30Three meals per day and light <br />Harbor Crossing <br />4650 Centerville Rd1BR545-880$3,990-5,400$6.14-7.32 <br />housekeeping included; units include <br />White Bear Lake2BR1,060-1,137$5,490-5,755$5.06-5.18 <br />full kitchens, in-unit washer and dryer, <br />and some patios/balconies; amenities <br />Year Built: 2016 <br />Service Packages <br />include community room, dining room, <br />Required care packages <br />fitness center, and guest suites. <br />$435-6,645 <br />Monthly fee includes heat, central air <br />conditioning, water and trash. <br />497Studio356$5,695$16.00Three meals per day plus snacks <br />Keystone Place at <br />LaValle Fields 1BR600$6,495$10.83 <br />included in care packages, weekly <br />14602 Finale Ave N2BR869$6,895$7.93 <br />housekeeping and linen change. Units <br />Hugo <br />include full kitchens, in-unit washer and <br />Service Packages <br />dryer, and some patios/balconies; <br />Year Built: 2015 <br />Additional fees for <br />amenities include community room, <br />required service packages <br />dining room, and fitness center. <br />Includes all utilities. <br />--- Continued on Next Page --- <br />Source: Interviews; community websites; LOCi Consulting LLC <br /> <br /> Page | 56 <br /> <br />
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