There is also a common area on the lower floor of the building where residents and family can gather for group get-togethers and social events.
Additional property features include an elevator, backup emergency generator system, garbage/recycling pickup and a coin operated laundry.
Interior renovations will consist of new paint, carpet, and appliances as required. Three living units are available immediately.
Prospective residents are asked to fill out a basic application including a criminal and credit check - a process that takes approximately two weeks.
Housing rates are based on income and residents are eligible to deduct recurring medical expenses from their reported income.
Anderson is confident that once improvements are made to the property and the proper staff is in place, they will achieve their goal of 100 percent occupancy. She also points out that her firm considers the property to be a long-term commitment.
"Once we institute some much-needed changes I really see this place turning around," she added.
For more information, contact Baldwin Real Estate's Schroon Lake office at 532-0144.