Sold: Northeast Wisconsin Assisted Living Portfolio
Update: This property has been sold. Bob Richards was the Senior Care Realty advisor managing this project. Please contact Bob for more details.
While originally offered at $4.5 million, the final sale price for this assisted living community was $5 million. The property sold to a national assisted living provider who already had operations in the area, so it was a great fit that allowed the buyer to expand within an existing market for them.
The seller was a family business. One element of this transaction was managing the desires of multiple family members and helping maintain all necessary communication. Bob Richards helped with discussions among family members so that everyone was informed and heard throughout the sale.
Senior Care Realty is offering for sale another assisted living portfolio confidentially on behalf of the owner.
This assisted living portfolio includes multiple buildings on a single site. Located in a larger market in northeast Wisconsin, the facilities have a total capacity of about 50 residents and was recently at 96% of capacity.
Potential buyers will be interested in the opportunity to acquire a portfolio of properties that are performing well but may be able to perform even better.
The portfolio is being offered at a price of $4,500,000.
For More Information
Bob Richards is the manager of this project. Contact Bob by email at firstname.lastname@example.org or by phone at 608-825-4200.
Tagged Features: CBRF