Seniors Housing | 71-Unit Memory Care Community | Birmingham MSA

**Tours will be held, by appointment only, on Monday, March 23rd. Please contact listing broker to schedule your tour. Please do not visit the property unannounced.

Investment Highlights

• 71-Unit Purpose-Built Memory Care Community – Alzheimer’s special care facility located in Hoover, Alabama, a high-income and supply-constrained suburb of Birmingham.
• Flexible Layout – Building configuration would allow for part of the building to be converted to assisted living, while still retaining the ability to provide memory care in the remainder of the building.
• Robust Long-Term Demographic Demand – Favorable age-cohort growth, with the 75+ population projected to grow 3.6% annually and the 85+ cohort growing 4.7% annually through 2030 within a 7 mile ring
• Stabilization & NOI Growth Opportunity – Current occupancy of approximately 57% provides the ability to modify programming and also provides significant operational upside
• Operator Flexibility – Currently third-party managed by Sinceri Senior Living, with the ability for a new owner to retain or replace management.
• Attractive Suburban Location – Situated on 3.3 acres along Southland Drive in a predominantly residential setting near healthcare providers, retail, and major transportation corridors.
• Alternative Use Optionality – Zoned C-P (Preferred Commercial District), allowing office uses by right and other commercial uses via conditional approval, subject to buyer diligence.

 
Offering Summary

BWE Investment Sales, in conjunction with RealINSIGHT Marketplace, is pleased to present for sale Briar Glen, a 71-unit, purpose-built memory care community located at 570 Southland Drive in Hoover, Alabama, just south of Birmingham. Constructed in 1993, the Property sits on approximately 3.30 acres and contains approximately 45,125 square feet, according to the Property Condition Assessment.

Briar Glen is licensed as an assisted living facility with specialty care designation and features a mix of private studio and one-bedroom units. The community offers a full suite of memory care-oriented amenities, including a secure interior courtyard, dining and activity spaces, lounge areas, and on-site services designed to support resident safety and quality of life. The Property is currently managed by Sinceri Senior Living, and ownership retains flexibility to continue with the existing operator or implement a new management strategy.

The Property benefits from its location in Hoover, one of the Birmingham metro’s most desirable suburban markets, characterized by strong household incomes, favorable senior demographics, and proximity to healthcare facilities and service-oriented retail. In addition to continued operation as a memory care facility, the Property’s zoning provides future optionality for alternative commercial uses, subject to buyer diligence and approvals.

Briar Glen represents an opportunity to acquire a well-located senior housing asset with in-place operations, stabilization upside, and long-term demographic tailwinds in a growing suburban market.