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The sponsor of Asbury Pointe, Beechwood Continuing Care, and the Board of Directors have established a fee structure that will enable the community to operate on a solid foundation and at the same time provide affordable pricing to its residents.
As a resident of Asbury Pointe, you can be assured of many positive benefits to be derived from living in a community with a financial structure which includes a one-time entrance fee, and a monthly service fee. The fees at Asbury Pointe are explained below.
1. A one-time, 100% refundable entrance fee
This entrance fee is the cost for the apartment home and varies based on the size and style of apartment home chosen. The entrance fee is 100% refundable if you move out of Asbury Pointe at anytime and for any reason. To reserve an apartment home all you need to do is place a deposit equal to 10% of the entrance fee, sign a residency agreement, complete a confidential data application and receive approval. The 10% deposit is placed in an interest-bearing escrow account until you occupy your home. At that time, the balance of the entrance fee will be due. The 10% deposit is fully refundable with interest if for any reason you do not move into Asbury Pointe.
2. A monthly service fee
The monthly service fee covers the following services and amenities: A daily continental breakfast, one meal each day (your choice of either lunch or dinner), bi-weekly housekeeping and flat linen laundry, all utilities (except for telephone and cable), apartment and grounds maintenance, scheduled transportation, a 24-hour emergency call system, wellness programs and various recreational, educational, cultural and social programs, and priority access to Beechwood Continuing Care. Also available is underground, heated parking for an additional $95. per month.
Apartment Style |
Entrance
Fee |
10%
Deposit |
Balance
Due Upon
Occupancy |
Monthly
Service Fee* |
One Bedroom Deluxe |
$161,100 |
$16,110 |
$144,990 |
$2,217 |
One Bedroom & Den |
$184,200 |
$18,420 |
$165,780 |
$2,443 |
Two Bedroom Classic |
$207,400 |
$20,740 |
$186,660 |
$2,699 |
Two Bedroom Custom |
$230,500 |
$23,050 |
$207,450 |
$2,949 |
Two Bedroom Grand |
$264,400 |
$26,440 |
$237,960 |
$3,371 |
Effective, January 1, 2009
* Add $660.00 for a second person in any apartment style
Asbury Pointe Retirement Community
50 Stahl Road
Getzville, NY 14068
(716) 810-7500
Email: info@beechwoodcare.org
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