Skilled Nursing Facility Sold In Kilgore, TX
Matthew Alley has sold a 118-bed Skilled Nursing Facility in Kilgore, Texas. The single story, 44,000 square foot facility was built in 2004. The purchase price was $7,250,000 ($61,440/bed) which was a 13.8% capitalization rate. The census at the time of sale was 75%. The Buyer is a regional owner/operator with several facilities in Texas. Conventional financing for the acquisition was provided by a regional bank.
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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