Independent Living Facility Sold In Boise, Idaho
Matthew Alley sold an independent living facility with approximately 110 units in Boise, Idaho. The transaction closed in May 2016 for $3,900,000. The facility was built in 1972. The facility is on a total of 5 acres. The property has maintained a census around 74% for the past couple of years.
According to Matthew Alley, Managing Director, “This transaction showed the depth of marketing that SLIB performs on each of its listings. The purchaser is a group that was relatively unknown being headquartered in Canada. Combining the local knowledge for each specific market and the international reach that SLIB has affords each individual seller the best opportunity to sell his or her property at the top of the market.”
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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