Asbury Cove

Assisted Living Home
Overview of Asbury Cove

Asbury Cove is a peaceful senior living community in the charming neighborhood of Ripley, TN, offering assisted living, respite care, rehabilitation, hospice care, and an Adult Day Club. Enjoy a comfortable and restful daily life in beautifully designed studio apartments with modern conveniences like individual heat and A/C and wireless internet. Residents’ needs are thoroughly met with 24-hour personal assistance with activities of daily living like bathing and dressing, as well as medication management.

Residents needing to recover after hospitalization are provided access to an array of rehabilitative services, including physical, speech, and occupational therapies. Life at Asbury Cove is made vibrant with a wide variety of interesting activities, events, and programs focused on residents’ health and well-being. The community also offers restaurant-style dining featuring healthy and delicious meals made from the freshest ingredients and cater to residents’ special requests and needs. Here, residents are provided with most of the things they need to maintain their independence and way of living for as long as possible

(731) 635-3200

Capacity and availability

Smaller home

May offer a more intimate, personalized care environment.

Total beds 38

This home usually has limited availability

Occupancy is moderate, suggesting balanced demand.

Similar demand to the Tennessee average
Occupancy rate 94.7%
Occupancy rate
94.7%

Finances and operations

Home revenue
$1.2M
Surplus of revenue
$230.0K
Home revenue
$1,170,000.00
Surplus of revenue
$230,000.00
Payroll costs Info The portion of the home's budget spent on staff, including nurses, caregivers, and other employees who support care and operations.
$400.0K
34.2% of revenue
Other operating costs Info All remaining costs needed to run the home, such as food, utilities, building maintenance, supplies and administrative expenses.
$540.0K
Total costs $940.0K
Bed community size
38-bed community
A moderately sized community that may balance personal attention with shared amenities and social activities.
Years in operation
26 years in operation
A longer operating history, which may indicate experience navigating regulations and delivering ongoing care.
Walk Score
Walk Score: 10 / 100
Car-dependent. Most errands require a car, with limited nearby walkable options.

About this community

Occupancy Rate
95%
Occupied Beds
36 of 38
Percentage of available beds currently in use by residents.
License Status
Licensed
Facility Type
Assisted Care Living Facility
License Date
March 7, 2000
License Expiration
December 6, 2026

Additional licensing details

License number: 00000195
County: Lauderdale

Ownership & operating entity

Asbury Cove is legally operated by Ripley Residential. LLC, and administrated by Stephanie Etheridge.

What does this home offer?

Pets allowed icon
Pets allowed icon

Pets Allowed: Yes, Pets Allowed

Room sizes icon
Room sizes icon

Room Sizes: 250 / 355 sq. ft.

Housing options icon
Housing options icon

Housing Options: Studio / Suite

Building type icon
Building type icon

Building Type: Single-story

Transportation services icon
Transportation services icon

Transportation Services

Fitness and recreation icon
Fitness and recreation icon

Fitness and Recreation

Types of Care at Asbury Cove

Assisted Living Respite Care Hospice Care
Contact Asbury Cove

Residents information

Stay stats

Average length of stay
1116 days
Total residents
25
Total admissions (2024)
10
Total discharges (2024)
7

Discharges

  • To hospital 1
  • To Nursing Home 2

Demographics

GENDER

  • Female Residents 72%
  • Male Residents 28%

AGE DISTRIBUTION

  • 60-64 4%
  • 65-69 4%
  • 70-74 12%
  • 75-79 28%
  • 80-84 28%
  • 85-89 12%
  • 90 or more 12%

ETHNICITY

  • White Residents 100%

Inspection History

In Tennessee, the Department of Health, Division of Health Care Facilities performs unannounced inspections and investigations to ensure facilities provide high-quality resident care.

2 violations

Violations indicate regulatory issues. A higher number implies the facility had several areas requiring improvement.

Compare Assisted Living around Atoka

The information below is reported by the Tennessee Department of Health, Division of Health Care Facilities.
Asbury Cove
AL

Assisted Living For seniors needing help with daily tasks but not full-time nursing.

HC

Hospice Care

RC

Respite Care

Ripley
38
Yes
10
Ripley Residential. LLC
94.7%
+30%
Studio / Suite

Places of interest near Asbury Cove

Address 25.9 miles from city center

Address 315 Asbury Ave, Ripley, TN 38063

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Guides for Better Senior Living

Care Cost Calculator: See Prices in Your Area

Nursing Home Data Explorer

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Understanding Senior Living Costs: Pricing Models, Discounts & Financial Assistance

Financial Aid for Tennessee Seniors

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CHOICES Program

TN Medicaid CHOICES

Age 65+ or disabled, Tennessee resident, Medicaid-eligible, nursing home-level care need.

~$2,829/month (300% FBR, individual).

$2,000 (individual), $3,000 (couple).

Managed care model; high rural demand.

Tennessee Options for Community Living

TN Options

Age 60+, Tennessee resident, at risk of nursing home.

~$2,000/month (individual, varies).

$5,000 (individual).

Limited funding; rural/urban balance.

Medicare Savings Program (MSP)

Tennessee Medicare Savings Program

Age 65+ or disabled, TN resident, Medicare Part A/B.

~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.

$9,430 (individual), $14,130 (couple).

Three tiers; includes Extra Help for Part D; no waitlist.

Low-Income Home Energy Assistance Program (LIHEAP)

Tennessee LIHEAP

Age 60+ prioritized, TN resident, low-income household.

~$3,970/month (individual, 185% FPL).

Not assessed; income-focused.

Covers gas, electric, propane; emergency aid available.

Family Caregiver Support Program (FCSP)

Tennessee Family Caregiver Support Program

Caregivers of 60+ needing care or 55+ caregivers of others; TN resident; functional needs (2+ ADLs).

No strict cap; prioritizes low-income (~$24,980/year).

Not assessed; need-based.

Includes grandparent caregivers; high rural demand.

Senior Community Service Employment Program (SCSEP)

Tennessee SCSEP

Age 55+, unemployed, low-income, TN resident.

~$1,983/month (125% FPL).

Not specified; income-focused.

Priority for veterans, rural residents; AARP/Goodwill partnership.

VA Aid and Attendance (A&A) and Housebound Benefits

Tennessee VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse, TN resident, wartime service, need for ADL help (A&A) or homebound.

Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.

~$155,356 (net worth limit).

High veteran population; supports rural/urban care needs.

Elderly Nutrition Program

Tennessee Elderly Nutrition Program

Age 60+, TN resident; no income limit but prioritizes low-income.

None; donations encouraged.

Not assessed.

Serves ~50,000 annually; 200+ congregate sites plus Meals on Wheels.

Property Tax Relief Program

Tennessee Property Tax Relief Program

Age 65+, TN resident, homeowner/renter (or widow/er 50+, disabled 18+).

~$45,000/year (household, excludes half of Social Security).

Not assessed; income-focused.

Rebates up to $1,000; serves ~100,000 annually.

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