About Us
How Does an Average Day at Shawnee Ridge Look?
Shawnee Ridge is committed to encouraging active lifestyles and fostering long-lasting friendships. Our 55+ community provides residents with neighbors and potential friends that live only a few feet away. With a large number of onsite amenities to choose from, including fitness classes and parties, you won’t have to travel far to feel immersed and involved with the community! Our office staff is both highly-experienced and dedicated to providing the best possible services, and activity options. We always encourage suggestions, and we take surveys regularly. We do this to ensure we’re offering our residents what they want, and that we are meeting or exceeding their standards.
Summary of Ownership Structure
Ownership at Shawnee Ridge is different from typical fee-simple real estate transactions, though the structure is common within the senior housing industry. In a fee-simple transaction, a buyer acquires an interest in real estate, for which they would be given a deed or title. Residents buying into Shawnee Ridge do not gain an actual interest in the real estate (and therefore receive no deed or title), but instead what they are purchasing is a lifetime right to occupy their chosen home based on the terms set forth in an Occupancy Rights Agreement. Among other things, the Occupancy Rights Agreement sets forth the purchase price, the monthly fees, the services residents may expect to receive, the potential refund upon re-sale, and the rights and responsibilities of each of the parties. There are several benefits to this type of ownership, notably.
- There are no additional closing costs (typically 6% of the purchase price) or transfer taxes (typically 1% of the purchase price) involved with contractual ownership, and
- It allows our community to receive better bulk rates on taxes, insurance, and certain utilities – and to pass those substantial savings directly onto our Shawnee Ridge residents.
Our professional staff will be happy to provide you with a copy of the Occupancy Rights Agreement and to discuss it with you and your family in detail. If you are serious about moving into Shawnee Ridge, please call us at 570-476-9476 to schedule your visit and tour
Choose Shawnee Ridge Today!
The Shawnee Ridge community is a haven for active seniors to wind down and relax. Shawnee Ridge in East Stroudsburg, PA is the premier place to call home after retirement. With its prime location and highly-qualified, compassionate staff, there is no better option. We would love for you to visit us and tour our community, so you can have a clear picture of what we offer and see if Shawnee Ridge is right for you. If you are unable to visit in-person, give us a call, and we will provide you with all the information you need.