Avery Point Senior Living Community

Google reviews

• S
  Sheryl Smith 6 months ago

  I'm looking for retirement communities. At Avery Point, there is no way to contact anyone by email or chat. Phone only. My least preferred method of communication. In the FAQs it says do you own your apartment? This is a simple yes or no question. The answer is vague and doesn't answer the question. The place seems to be in between an independent apartment complex and a continuing Care community. There are no continuing care facilities. There's no guarantee of care. Looks like if you are no longer independent, you must move somewhere else. And who knows what happens to your big deposit?

• J
  John LastName 11 months ago

  UPDATE (November 2025): This is my short review of the contract, I have attached pictures of the longer version for those interested. LOCATION (NEW): Access to shopping is top notch. HOWEVER, there is something new to put significant consideration into.. This facility now sits within a NEW zoning overlay that could permit next-gen data centers and power generation right next door. Power could be gas or even nuclear. Assisted Living/Nursing Home (UPDATE): My understanding is these facilities, original promised for 2026 are still a few years off. It could be 2028 or later. So that is a major strike against moving in now. 80% REFUNDABLE CONTRACT. U deposit a large sum of cash (I will use an example of $400K), prior to moving in. That is the Entrance Fee . U lose 20% of that Entrance Fee as a non-refundable -$80K, leaving your refundable amount at $320K. U can never get the $80K back. U are essentially making an $80K bet that U are going to love the community. ENTRANCE FEE VALUE ERODES OVER TIME: U do not earn any interest or participate in any capital appreciation associated with the refundable fee (320K) while U are living here. Your refund value sits and erodes over time due to inflation. FREEDOM OF CHOICE: Contractually the facility operator holds the cards in terms of who has the ultimate say in deciding whether you need assisted living or not. Consult your elder law attorney on these rules and Virginia law prior to moving in. “Transfers” is one of the most complained about issues in the CCRC industry, and knowing the process is imperative. EXIT FEE After U have moved out, U will be charged for 3 months of the monthly service unit. Expect to pay an additional ~ $10K in MSP fees AFTER U have vacated the unit. IF U run out of money, See Section 10 of the contract. Have an Virginia elder law attorney review this. Your Refund: Section 7.5.1 “If U terminate the agreement at any time after the Occupancy Date and the expiration of the Right

In the order Google returned them. Not verified by Caring Advisor.