The opportunity
Built for senior care from the ground up.
Silvercreek Living opened in 2017/2018 as a purpose-built assisted living community in the East Building and memory care in the West Building. It filled to capacity almost immediately.
It closed during the pandemic — not for lack of residents, but because the operator could not house and retain the caregiving staff the campus required. The buildings have been maintained in Class A condition ever since.
What that means for an operator is unusual: the corridors, unit layouts, egress paths, sprinkler coverage, commercial kitchens, and secured memory care building already exist and already work. There is no conversion to fund, no structural unknown, and no eighteen-month permitting exercise between closing and the first resident.
The need
A market with no senior housing option at all.
The Wood River Valley is home to the Idaho cities of Sun Valley, Ketchum, Hailey, and Bellevue, and to the world-renowned Sun Valley Resort — the first destination ski resort in the United States. It is one of the most affluent resort and retirement destinations in the country, and one of the oldest by population.
It does not have a single assisted living or memory care community operating in it.
So when a family here reaches the point of needing care, this is the distance they drive.
Each way, in winter as well as summer. A spouse cannot visit daily at that distance. Adult children cannot stop in after work. Residents leave behind the neighbours, physicians, and streets they have known for decades — at exactly the stage of life when familiarity matters most.
The campus
Finished like a home, engineered like a care facility.
Vaulted ceilings, fireplaces, and mountain views — over full sprinkler coverage, per-unit life safety alarms, and single-story egress.
- Two commercial kitchens and two dining rooms
- Great rooms with fireplaces and community gathering rooms
- Fitness and wellness room, hair salon, shared computer rooms
- Full sprinkler coverage including attic spaces — beyond code
- Strobe and audible life safety alarms in every unit
- Single-story egress — no stairs or elevators on any exit path
- Covered patios, landscaped gardens, and a central courtyard
- 40 surface parking stalls and high-speed wireless throughout
- Fiber-cement siding — weather resistant, low maintenance
- Excess land on the eastern parcel for future expansion
Location
On Main Street, at the top of the valley.
The campus fronts Main Street — State Highway 75 — on the northern edge of Hailey, the point in the city closest to Ketchum and Sun Valley. It sits at a signalized intersection with a stop on the valley's free bus system directly adjacent, and Albertsons, the area's largest grocery and pharmacy, across the street.
- Albertsons grocery & pharmacyAcross the street
- St. Luke's Wood River Medical CenterIn Hailey
- Friedman Memorial AirportMinutes
- Ketchum & Sun Valley11 mi · 20 min
- Free valley-wide transit stopAdjacent
The offering
Offered for purchase or long-term lease.
Ownership is speaking directly with senior housing operators and the capital partners who back them. Two structures are open.
Purchase
Fee simple acquisition of the entire 2.2-acre campus by an owner-operator, or by an investor paired with an operator. Ownership is offering the property directly.
Long-term lease
A long-term triple-net lease to a well-capitalized operator, which materially reduces the upfront capital required to open. Terms are negotiable.
Pricing, lease structure, and financials are available under confidentiality agreement.
Sign it online in about two minutes. Nothing is mailed to you and nobody has to send it — the memorandum arrives as soon as you finish.
Enter your name, company, and email, then sign in your browser. No account and no software required.
The offering memorandum is released to you immediately, together with an executed copy of the agreement for your records.
Ownership hosts tours of both buildings. The campus is occupied, so visits are arranged with advance notice.
Questions on the agreement? Email Doug Barrett at doug@mwaseattle.com.
Contact
Silvercreek Living is offered directly by ownership.
For questions that fall outside the memorandum, or to arrange a site visit, contact any of the team below.