Skilled Nursing Facility Sold In Burnet, TX
Matthew Alley sold a 112-bed Skilled Nursing Facility in Austin, Texas. The transaction closed at $1.2 million, which was $35,700/bed and 0.94x revenues. The 34,150 square foot facility was built in 1975. The property has maintained a census around 80% for the past couple of years. The Buyer is an owner/operator buying their first facility in Texas.
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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