Wheeler, TX

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Skilled Nursing Facility Sold In Wheeler, TX

Matthew Alley just sold his 100th senior housing property in Texas!

This transaction consists of one Skilled Nursing Facility located in Wheeler, Texas.  Wheeler Nursing and Rehabilitation consists of 75 licensed and 75 operating skilled nursing beds. Constructed in 1982, the facility is approximately 23,585 square feet situated on a 2.07 acre lot.

The facility is in Wheeler County of the Texas Panhandle, approximately 100 miles west of Amarillo. Wheeler Nursing and Rehabilitation maintained an average census of 55% prior to the marketing period.

The Seller is a publicly-traded REIT that specializes in healthcare investments, and the outgoing Operator is a Texas-based group that focuses on skilled nursing facilities in Texas.  The Buyer is a regional Owner-Operator that focuses on the state of Texas.

Matthew Alley and Patrick Byrne of Senior Living Investment Brokerage handled the transaction.  This transaction represents Matthew’s 100th facility sold in the state of Texas.

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