LEWISTON, ID — Chad Mundy and Nick Stahler of The Knapp-Stahler Group of Marcus & Millichap are pleased to announce the successful closing of an Assisted Living & Memory Care facility in Lewiston, Idaho. This community was acquired by a highly respected local owner-operator who brings a proven track record of excellence across multiple communities in Northern Idaho.
The acquisition of this 90+ bed facility included an assumable HUD loan, and the new operator stepped in during the assumption process and is already making significant strides in revitalizing the property. Plans are underway for capital improvements and census growth, ensuring residents receive the highest quality care in an updated environment.
The seller, known for her focus on real estate ownership and leasing strategies, entrusted this community to this new owner-operator, who is deeply committed to hands-on management and operational success.
We look forward to seeing this property thrive under its new leadership and continue serving seniors in the Lewiston area with excellence.