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Agenda - Council Work Session - 02/24/2020
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Agenda - Council Work Session - 02/24/2020
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3/17/2025 11:24:59 AM
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2/21/2020 1:07:00 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
02/24/2020
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SENIOR HOUSING MARKET ANALYSIS <br />TABLE S-1 <br />SENIOR HOUSING PROJECTS <br />CITY OF RAMSEY <br />JUNE 2019 <br />Project Name/City <br />Year <br />Built <br />No. of <br />Units <br />No. <br />Vacant <br />No. Type <br />Sizes <br />Monthly Rent/ <br />Sale Price <br />Rent/Sales price/PSF <br />Min - Max <br />Servic <br />Market Rate Active Adult <br />Savannah Oaks of Ramsey <br />14351 Dysprosium St NW <br />Ramsey, MN <br />1999 <br />50 <br />0 <br />0.0% <br />18 - 1BR <br />20 - 1BR + D <br />12 - 2BR <br />705 - 705 <br />908 - 956 <br />1020 - 1020 <br />$872 - $872 <br />$999 - $1,033 <br />$1,262 - $1,262 <br />$1.24 - $1.24 <br />$1.08 - $1.10 <br />$1.24 - $1.24 <br />55+ property, elevator, i <br />underground garage ($4 <br />library, community room <br />planned events/ actvitie, <br />Rent includes heat, watr <br />Assisted Living <br />Stoney River of Ramsey <br />14401 Nowthen Blvd NW <br />Ramsey, MN <br />2015 <br />48 <br />5 <br />10.4% <br />8 - Studio <br />40 - 1BR <br />349 - 349 <br />533 - 845 <br />$3,850 - $4,250 <br />$4,500 - $5,900 <br />$11.03 - $12.18 <br />$6.98 - $8.44 <br />Salon, three meals daily <br />plannded activities & ou <br />weekly housekeeping & <br />basic cable included, wh <br />Levels range from I ($401 <br />Companion/1BR Deluxe <br />Memory Care <br />Stoney River of Ramsey <br />14401 Nowthen Blvd NW <br />Ramsey, MN <br />2015 <br />24 <br />2 <br />8.3% <br />18 - Private Suite <br />6 - Shared Suite <br />280 - 280 <br />357 - 357 <br />$5,100 - $5,100 <br />$3,700 - $3,700 <br />$18.21 - $18.21 <br />$10.36 - $10.36 <br />Located in secure memo <br />snacks, scheduled trans <br />hour car & emergency cr <br />all utilities included exce <br />spa, medication manage <br />Source: Maxfield Research & Consulting, LLC <br />MAXFIELD RESEARCH AND CONSULTING <br />
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