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Real Estate Minute:V-Esprit in Park HIll

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If you’re one of thousands of age-55-plus buyers who feel they’re stuck between a rock-and-a-hard-place now – able to sell your older home at top dollar, but not liking what you’ll have to pay today for a low-maintenance patio ranch – veteran senior living executive Cindy Wagner has a rental concept to show you, east across Parker Road from Cherry Creek State Park. Wagner spent recent years as executive director of Shalom Park, the Jewish affiliated non-profit assisted-living community; and NOW she’s Vice President for Operations at V-Esprit, a locally owned-and-managed entity that bought Shalom Park’s independent-living apartment units and 44 low-maintenance paired-patio homes, putting them together with some packaged services to create a novel rental concept for low-maintenance living.That packaged approach includes educational, cultural and fitness classes at Shalom Park’s new J. Leonard Levy Wellness Center; and à la carte dining in its café bistro. Under the new arrangement, residents get full maintenance on the ranch-style patio homes, access to the Wellness Center and pool, and light housekeeping, twice-a-month. V-Esprit contracts to arrange some optional assisted-living services; and can provide more if you need them, à la carte.V-Esprit says its age-55-plus concept generates the same sense of community as for-purchase communities do -- fostered by activities included with the package. You write one check a month to cover everything – starting with a single Community Lifetime Fee of $1,000 for any home – It carries over in case you leave and then return. A 725-square-foot one-bedroom apartment $1,950/month; and a 1,375-foot patio home starts from $3,100/month. V-Esprit is just east of Parker Road at Belleview; from I-225 head southeast on Parker Road three miles, turn east on Belleview a block to Belleview Drive and follow the signs; or visit v-esprit.com.

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