1119 Rosemarie Lane

Description

This property presents a compelling opportunity to acquire a 68-bed assisted living and memory care facility in the heart of Stockton, California. Previously licensed and operated, the facility is now vacant and in need of full repositioningmaking it an ideal target for experienced senior housing operators looking to establish or expand their presence in the Central Valley. Located in a quiet residential neighborhood, the property offers a spacious layout tailored for assisted living, with dedicated resident rooms, communal areas, and service support infrastructure already in place. Although the previous license is no longer active, the building's original use and design make it a prime candidate for re-licensing with the California Department of Social Services (DSS). The structural foundation significantly reduces the time and capital required compared to ground-up development. The Stockton area is experiencing rising demand for senior housing driven by shifting demographics, a growing senior population, and limited regional inventory. This offering provides a rare opportunity to rebuild and reintroduce a much-needed care facility in a market poised for growth.