Sold: 22 Bed Assisted Living Facility Near Milwaukee
Senior Care Realty recently helped a landlord and tenant sell their 22 bed assisted living facility. After the tenant let the landlord know they did not want to renew their lease with only a few years left, Senior Care Realty was contacted to help sell both the Business and the Real Estate/Building in two separate transactions. Senior Care Realty helped both sellers determine what each part was worth and negotiated the terms with a trusted regional operator to buy both the Business and Building together. The Real Estate/Building was sold quickly in October 2018 and once the state approved the license for the new buyer, the Operations were sold in February 2019.
- Attractive, newer one-story assisted living facility.
- About 35% private pay with census improvement opportunity.
- Licensed capacity of 22 residents in 20 resident units.
- Located in a community near Milwaukee, Wisconsin.
This was another confidential sale of an assisted living facility. Detailed information is not available on our website.
Mark Van Den Broeke was the lead Advisor to the seller. For questions about this sale, contact Mark Van Den Broeke at Senior Care Realty. Reach him by phone at 608-825-4200 x 1007 or by email at firstname.lastname@example.org.