Living at The Grandview is More Accessible Than You Think

The Grandview, an Erickson Senior Living community in Bethesda, Md., offers vibrant, worry-free retirement living. And thanks to a new program, this lifestyle is even more accessible!

"A select number of homes with a reduced monthly service package are available," says Sales Director George Mishraky. "These moderately priced residences, called Affordable Independent Living Units (AILUs), are part of a Montgomery County pilot program."

He adds, "If you've been wondering if The Grandview is a good fit for you financially, the answer is yes! We're excited to welcome even more retirees to The Grandview through this program."

Substantial savings

The Grandview's pricing structure is made up of two components--an 80% refundable entrance fee* and a monthly service package.

For AILUs, the 80% refundable entrance fee remains the same. Most incoming residents pay the entrance fee by selling their existing home. "The entrance fee, collected as part of the residency process, will go back to you or your beneficiaries if or when you leave the community," explains Mishraky.

However, AILU residents save an average of $800 a month on the monthly service package, which covers the costs of utilities; maintenance, including appliance repairs and replacement; a meal plan at on-site restaurants; and more. Those savings amount to almost $10,000 annually!

"The AILU monthly service package is less than what most one-bedroom apartments rent for in Bethesda," Mishraky notes. "You get quite a deal for all that's included in the monthly service package."

He continues, "If you've lived in the area for a while, and you've built equity in your house, this could be a really affordable option for you, whether you're on a pension, a retired school teacher, or you worked for the Montgomery County or federal government."

There are still a few AILUs available in Potomac Heights, the community's first residence building, which opened last fall, and more are now available to reserve in Woodmont Terrace, which opens this fall.

Choice of floor plans

If you're interested in AILUs, you have three floor plans to choose from--the Dogwood, Cranford, and Andover--ranging from 780 to over 1,000 square feet.

Plus, many homes at The Grandview feature outdoor terraces, allowing residents to enjoy the stunning views and cool fall evenings from the comfort of their own living spaces.

"The AILUs are quite spacious, and they're more affordable than an apartment, condo, or other senior living option, none of which has the amenities we have," adds Mishraky.

Access to amenities is included in the monthly service package, creating even more savings.

The fitness center features top-of-the-line equipment and a studio space for classes such as yoga, tai chi, Pilates, and Zumba. "The pool is right off the fitness center," notes Mishraky.

The Grandview also features the on-site Rock Spring Urban Park, with picnic tables, table tennis, and a playground area for when grandchildren come to visit.

"Another popular gathering spot is the outdoor lounge with fire pits and chairs--the perfect spot to wind down with a glass of wine with friends," says Mishraky.

The community also features a walking trail that circles the entire campus and three distinct restaurants. "Thanks to this program, moving to The Grandview means you can really have it all--an affordable home, active lifestyle, amazing food, and a large network of new friends to spend time with every day," Mishraky says.

To learn more about senior living at this vibrant community, request your free brochure to get the scoop on amenities, floor plans, and so much more.

*Carefully read the Residence and Care Agreement for the conditions that must be satisfied before the provider is required to pay the entrance fee refund.

By Gregory J. Alexander