(Fontanelle, Iowa) – A property management firm in Nebraska has purchased a former care facility in Adair County. Officials with Zoul Properties, LLC, said they bought the 24,000 square-foot Good Samaritan Society-Fontanelle building. The building was left vacant when the facility closed its doors in November 2022 as the result of operating challenges faced in the aftermath of the pandemic.

Zoul said they intend to redevelop and renovate the building into an apartment community. The property will be converted into 25 apartments consisting of one and two-bedroom apartments and have features like a community room and laundry facility. The investment by Zoul Properties is expected to be $1 million, according to a press release. Renovation work is expected to kick off late this year and continue through the summer of 2024, with residential apartments available for lease and occupancy shortly thereafter.

Zoul Properties manages apartment properties in Iowa and four other Midwestern states. One of their other properties is in Adair. In Iowa, third party property management is provided by Iowa West Realty, a division of Zoul Properties.