Here is a partial list of some of our past sales. If you have any questions about these transactions, let us know. Appraisers are welcome to connect with us for information on comparable sales of these assisted living facilities.
Sold Properties
Sold: 52 Bed Assisted Living Facility
Senior Care Realty helped the owner confidentially sell a 52 bed assisted living facility located in northeast Wisconsin. The facility had been operating at 88% of capacity. The property was offered at a price of $4,100,000. For More Information, Please Contact Bob Richards... For questions, contact Bob Richards at Senior Care Realty. Reach him by phone at 608-825-4200, ext. 1006 or by email at … [Read More...]
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 … [Read More...]
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 … [Read More...]
Sold: 90 Bed Assisted Living Facility
Senior Care Realty represented the seller of a 90 bed assisted living facility in Kenosha, Wisconsin. The sale closed in December 2016 at a price of $5,000,000. The facility is licensed as a community-based residential facility (CBRF) and serves residents with a range of disabilities. Serving veterans has been a featured service of this facility, something that the past owner had been doing … [Read More...]
Sold: 60 Bed Assisted Living Campus
Sold! In September 2017, this assisted living community sold to a family business that was looking for a good investment. After many years in other types of businesses and real estate, they decided to invest in senior living by purchasing this property. The process with this buyer went quite smoothly and quickly - but the sale didn't start out that way. Our client, the seller, originally made a deal with … [Read More...]
Sold: 90 Bed Assisted Living Portfolio in Wisconsin
Senior Care Realty helped the owner confidentially sell this 90-bed assisted living portfolio is located in a Wisconsin community with a population over 100,000. The portfolio consisted of multiple buildings built in 1996 at two sites in the same market. The current operator was experiencing occupancy rates around 94%. Many residents utilized public funding sources; 40% of the recent … [Read More...]
Sold: 13 Bed Community Based Residential Facility
UPDATE: This property was sold on October 4, 2016. PRICE REDUCED. Senior Care Realty is confidentially offering for sale this 13-bed community based residential facility located in Columbia County, Wisconsin. Built in 1995, the single-story facility is 4,784 square feet and situated on a lot that is just under a half acre. Revenue in 2014 exceeded $400,000, and … [Read More...]
Sold: 8 bed CBRF in Madison, Wisconsin
UPDATE: Sold on February 1, 2016. Senior Care Realty offered for sale this 8-bed community based residential facility located in Dane County, Wisconsin. Built in 1994 and located in Madison, Wisconsin, the property has seven resident units but is licensed as an 8-bed Class CNA community based residential facility (CBRF). The facility offers buyers an opportunity to step into a facility with a … [Read More...]
Sold: 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 … [Read More...]
Sold: 68 Unit Assisted Living Facility
Senior Care Realty represented the seller of a 68 unit assisted living facility. The facility had 48 apartment units offering assisted living, and 20 units offer memory care in a separate but attached building. The facility was located minutes west of Madison, Wisconsin. The facility was 97% occupied with annual revenue in excess of $3 million. Net operating income for the 12 months prior to closing was about … [Read More...]