400 Gleason Drive

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Address: 400 Gleason Dr, Moosic, PA 18507, USA
New York & Tri-State + Apartment Buildings
Created date: April 22, 2026
Date last updated: April 23, 2026
Price: $8,136,000Investment Analyzer NEW!
  • 54-Bed Personal Care & Memory Care Facility
  • 27,000 +/- Sqft. Single-Story Building Situated on 13.35 Acres
  • $2.24M Revenue in 2025, Demonstrating Stabilized Operational Performance
  • Built in 1990 & Renovated in 1999 & 2025
  • Assumable HUD 232 Loan with 3.49% Fixed Interest Rate through 2052
  • Immediate Access to I-81 & 10 Minutes from Wilkes-Barre/Scranton International Airport (AVP)
  • Strong Healthcare Adjacency, Including Geisinger Community Medical Center & Regional Hospital
  • Durable Senior Demographics, with ~22% of Residents Aged 65+ withing the Local Trade Area
  • Proximity to Major Employment & Lifestyle Drivers, Including CenterPoint Commerce & Trade Park and Regional Entertainment Venues
  • Winner of Best of Senior Living 2021 Award

Property Description

27,000 SF / 54‑bed senior living investment opportunity located in Avoca, PA. The property demonstrates stabilized operational performance and benefits from an assumable HUD 232 loan at a favorable fixed interest rate, enhancing long‑term financing stability. The location offers immediate access to Interstate 81 and close proximity to Wilkes‑Barre/Scranton International Airport, providing excellent regional connectivity. Supported by strong healthcare adjacency and a durable senior demographic, the asset presents a compelling opportunity within a resilient and growing senior living market.
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Broker Details

Simon Jonna
Simon Jonna

Colliers Birmingham (MI) - Jonna Group 248-226-1610

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $8,136,000
No. of Units: 54
Year Built: 1990
Lot Size: 13.35 Acres
Opportunity Zone: No
Price per unit: $150,667
Property Website Click Here
Address: 400 Gleason Drive, Moosic, PA 18507, USA
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