$8 Million Skilled Nursing Facility Sold In Lufkin, TX
Matthew Alley sold a 150-bed Skilled Nursing Facility in Lufkin. The transaction closed at $8 million, which was $53,333/bed and 1.38x revenues. The facility was built in 1988. The property has maintained a census around 66% for the past couple of years. The Seller is a private owner/operator. The Buyer is a publicly-traded owner/operator with other facilities in Texas.
For more information on the above transaction, or to inquire about the value of your Senior Living Communities, please contact Matthew Alley.
Nationwide Presence – Texas Focus