Personal Care, Memory Care Community Sold In Kulpmont, PA
Matthew Alley sold a personal care and memory care facility comprised of 85 beds / 45 units . The transaction closed in March 2017 for $3,800,000. The facility was built in 2000. The facility is on a total of 2.58 acres. The property has maintained a census around 82% for the past couple of years.
According to Matthew Alley, Managing Director, “The buyer, a regional owner/operator with two other communities in Pennsylvania, plans to focus on marketing to increase occupancy and rental rates to improve margins.”
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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