For Sale: South Dakota Skilled Nursing and Assisted Living Facility
Senior Care Realty, in cooperation with a South Dakota real estate agency, is confidentially offering for sale this 36 bed/32 unit dual licensed skilled nursing and assisted living facility in South Dakota. This facility can be operated as a mix of both assisted living or skilled nursing depending on resident needs. An operator is able to accept Medicare payments and provide a wide range of care to keep residents in the facility long term.
The facility is owned by a local bank and managed by a South Dakota operator. A new owner will be able to step into a facility with an opportunity to add value by aggressively marketing the properties, improving occupancy and/or improving the case mix of residents.
- Licensed capacity of 36 residents in 32 units, the facility is also licensed for up to 11 memory care beds but is not utilizing that license at this time.
- Located in a small South Dakota community 30 miles south of Sioux Falls, SD
- Census currently at 32, or 89% of capacity
- Asking price of $695,000, $19,306 per licensed bed
This is another confidential offering of an assisted living facility for sale. Detailed information is available to principals only who approve and submit the confidentiality agreement below. Cooperating brokers are welcome to share this offering with their buyers – referral fees to licensees are subject to terms and conditions.
For More Information, Complete Confidentiality Agreement Below
For immediate questions, contact Mark Van Den Broeke at Senior Care Realty. Reach him by phone at 608-825-4200, ext. 1007 or by email at email@example.com.