Marcus & Millichap Negotiates Sale of 30,000 SF Rosemont of West Monroe in Louisiana

by Jeff Shaw

WEST MONROE, La. — Marcus & Millichap has brokered the sale of Rosemont of West Monroe, a 30,000-square-foot assisted living and memory care facility in West Monroe, approximately midway between Shreveport and Jackson, Mississippi.

Rod Llanos in Marcus & Millichap’s Houston office specializing in investment sales of seniors housing properties had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer was also a limited liability company. Chris Shaheen, Marcus & Millichap’s broker of record in Louisiana, assisted in closing this transaction.

“Rosemont of West Monroe was a well-located and well-established assisted living and memory care facility in the Monroe MSA,” says Llanos. “There was also an additional acre of land for future expansion.”

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