March 16, 2015
Grant Kief

Brad Clousing and Ryan Saul Sell Georgia ALF/MC Community

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Ryan Saul and Brad Clousing recently sold a Georgia Assisted Living and Memory Care community.  The 49 unit, purpose built facility is located north of Atlanta.  Built in 2014, the 43,500 square foot building is licensed as an assisted living community.  It features 39 ALF units and 10 memory care units.  It is 100% occupied with a waiting list.  The Seller was a local partnership and this was their first asset.  The Buyer is a national owner/operator and this property will complement their other assets in the region.  The transaction closed at $14,550,000 ($296,939/unit).  For additional information contact Brad at clousing@slibinc.com or Ryan at ryansaul@slibinc.com     630/858-2501