Skilled Nursing Facility Sold In West Texas
Matthew Alley sold a 154-bed Skilled Nursing Facility in the city of Ballinger of West Texas. Even though the facility had negative cash flow, Matthew was able to procure multiple offers on the facility and close the transaction with a Buyer from California. The new operator intends to modify the marketing campaign to increase census and focus on expense management to improve the facility’s financial performance. The facility was built in the 1970’s and is in fair condition.
For more information on the above transaction, or to inquire about the value of your Senior Living Communities, please contact Matthew Alley.
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