Sold: 28 Bed ALF in Milwaukee
Senior Care Realty represented the seller of a community based residential facility in Milwaukee, Wisconsin. The facility had a maximum capacity of 28 residents and was recently 79% occupied.
Highlights and Opportunities
- Purpose built facility that opened in 1997
- Improved marketing may increase the current 79% occupancy rate
- Payer mix is currently only 5% private pay
- Potential upside and turnaround opportunity
The business and real estate were offered as a package for an asking price of $1,600,000, or just $57,143 per licensed bed.
This is another confidential offering of an assisted living facility for sale. Detailed information is available to those who approve and submit the confidentiality agreement below.
For More Information, Please Contact…
For immediate questions, contact Bob Richards at Senior Care Realty. Reach him by phone at 608-825-4200, ext. 1006 or by email at bob@seniorcarerealty.com.
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