Red Lion Inn

Overview

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Red Lion Inn in Randolph, Vermont, offers a unique living experience for seniors and elderly residents seeking comfortable and convenient accommodations. This former inn has been transformed into an apartment community featuring 20 large one-bedroom apartments, ensuring ample space for individuals or couples. With its prime location in downtown Randolph, residents have easy access to local amenities, including shops, restaurants, and entertainment options, enriching their daily lives with convenience and community spirit.

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The property boasts a range of on-site facilities designed to enhance the living experience of its residents. A laundry room is available, making everyday tasks easier and more accessible. Additionally, nearby parking ensures that residents and their visitors have hassle-free access to their vehicles, further adding to the convenience offered by Red Lion Inn. The community is managed by Stewart Property Management, known for their commitment to providing quality housing and services, ensuring that residents’ needs and comfort are a top priority.

Safety and accessibility are integral to the Red Lion Inn experience. The apartment community is situated within the First Branch Unified attendance zone, highlighting its inclusivity and commitment to serving the local community. Whether you’re enjoying the comforts of your spacious apartment or exploring the vibrant surroundings of downtown Randolph, Red Lion Inn offers a secure, welcoming environment for senior residents to call home.

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Amenities and Features

20 large one-bedroom apartments
On-site laundry room
Nearby parking available
Prime downtown location
Managed by Stewart Property Management
Located within the First Branch Unified attendance zone

Sources

Red Lion Inn Location

Address: 9 Pleasant St, Randolph, VT 05060

Phone: 802-728-4305

Website: https://stewartproperty.net/property-item/red-lion-inn-randolph-vt/

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About Randolph, Vermont

Randolph, a city located in the state of Vermont (VT), is home to a population of approximately 4,791 people. Randolph boasts a median age of 40.6, with around 26.1% of its residents aged 60 or above. 7.3% of the population identifies as US Veterans. 15.4% of Randolph residents are disabled. The city has an average household income of $70,305, while the unemployment rate stands at 4.1%, and around 6.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Randolph is $240,478, with a monthly rent averaging $1,119.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.