Tucson Senior Living Community Sells for $15.95 Million

The Villas at Houghton Assisted Living and Memory Care Neighborhood at 844 N Houghton in Tucson sold for $15.95 million ($177,222 per bed) to a Phoenix-based company, Houghton Property Management LLC (John Stiteler, manager).

The Villas at Houghton provide all levels of assisted living, as well as memory care for those with Alzheimer’s or dementia. The homes have specific, private rooms such as a salon and physical therapy room. This allows other service providers such as doctors, therapists, and stylists, to deliver specialized support to our residents, as well as short term/respite care. Residents in need of hospice receive care in their home.

The nine buildings (approximately 6,300-square-feet each) are located on a 13 acre campus setting. Buildings are furnished homes with 10 private suites each, with private bathrooms and individual heating and cooling systems.

Residents live in a secure environment where they receive care from trained, devoted caregivers. The 1 to 5 caregiver to resident ratio, as well as the on-site care specialist, ensures personal treatment, so that loved one’s quality of life is the absolute best.

The seller was Villas at Houghton Property LLC (William Dycus, Robert Larson and Klaus Axen, managers) of Tucson. The property will continue to be managed by Innovative Senior Living.

For more information, The Villas at Houghton should be called at 520.2196.0160.

To learn more, see RED Comp #3582.