Staunton senior community sells for $4.75M
62 senior-living apartments included in sale
A senior-living community with 62 one- and two-bedroom apartments in Staunton has sold for $4.75 million, Cushman & Wakefield | Thalhimer announced this week. Formerly a high school built in 1926, Gypsy Hill Place was converted to apartments and commercial space in 2009.
Original developer Gypsy Hill Place LLC, represented by John Pritzlaff and Jenny Stoner of Thalhimer, sold the property at 300 Churchville Ave. to Hilltop Terrace LLC, according to Staunton property records.
In addition to the apartments, the property has 30,000 square feet of commercial and amenity space.