Jeramy Ragsdale Of Thrive Senior Living Acquires 80 Acres In Ooltewah For 400-Unit Senior Living Campus

A land asset comprising 80 acres located at 9101 Amos Road in Ooltewah, Tennessee, has been involved in a sale transaction. The property is designated for a development consisting of approximately 400 units, tailored for senior living, including 55+ single-family homes, independent living, assisted living, and memory care.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: Not specified
• Units: 400
• Acres: 80
• Address: 9101 Amos Road
• Market: Ooltewah, TN
• Buyer: Jeramy Ragsdale - Thrive Senior Living

Thrive Senior Living has undertaken the acquisition of this site, with plans for the development of a senior living campus. Chattanooga-based RP Communities is designated to develop the for-sale homes, while WesBanco is providing financing for the project.