1234 North Main Street, Effingham, IL 62401 For Sale

Presenting an exclusive opportunity to acquire a stabilized, two-campus purpose-built Memory Care portfolio in south-central Illinois — 36 private suites and 42 licensed beds across three buildings. Designed specifically for residents with Alzheimer's and dementia-related illnesses, every suite is private with an en suite bathroom on a dementia-informed floor plan. This portfolio is producing approximately $2.6M in annual revenue with in-place rents at or above market, a signed incoming admission already contracted, and on-site Resident Manager/Director leadership at each location.

Investment Highlights:

Asking Price: $3,700,000 · $102,778/unit · $88,095/bed

2025 Actual: ~$2.59M Revenue · ~$490K Adjusted EBITDAR · 13.2% Cap

T-12 (Mar-2026): ~$540K Adjusted EBITDAR · 14.6% Cap

Run-Rate Pro Forma: ~$2.80M Revenue · ~$685K Adjusted EBITDAR · 18.5% Cap

Current Occupancy: ~86%

Asset: Purpose-Built Memory Care · 36 units / 42 licensed beds · two campuses ~30 min apart