Assisted Living Portfolio Sold In Granbury, Tyler & Wolfforth, TX
Matthew Alley sold a portfolio of three Assisted Living Facilities located in Granbury, Tyler and Wolfforth. There were 104 total assisted living units. The transaction closed at $7.860 million, which was $75,600/unit and 3.2x revenues. The facility was built in 1989 and 1997. The property has maintained a census around 75% for the past couple of years. The Buyer is a local owner/operator out of the Dallas-Fort Worth area.
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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