FRISCO, Texas — Evans Senior Investments (ESI) has arranged the sale of The Lodge at Quail Park, an assisted living community in Frisco, for $7.9 million.
Built in 2001 and located 27 miles outside Dallas, The Lodge at Quail Park features 64 assisted living units. The property underwent renovations in 2007 and is 98 percent private pay. The community sits on 4.1 acres, with some of that space available for further development.
ESI represented the seller, Living Care Senior Housing Development, in the transaction. The buyer was not disclosed. The sale price equates to $122,813 per unit.