Texas Panhandle

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Texas Panhandle

Skilled Nursing Portfolio Sold In Texas Panhandle

Matthew Alley sold a 408 bed, five facility skilled nursing portfolio in Austin. The transaction closed at $11 million, which was $26,960/bed and 0.95x revenues. The 100,000 square foot facility was built in 1958-1978.  The property has maintained a census around 68% for the past couple of years. The Seller is a private owner/operator. The Buyer is a large real estate owner in California with several facilities in Texas.  The owner/operator will be leasing the properties to a regional operator out of the Dallas-Fort Worth area.

Texas Panhandle


 

For more information on the above transaction, or to inquire about the value of your Senior Living Communities, please contact Matthew Alley.

  alley@slibinc.com  |  (630) 858-2501 ext. 225  |  LinkedIn

 


 

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