February 26, 2016
Grant Kief

Ryan Saul Hired to Sell Assisted Living and Memory Care Community

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Ryan Saul was recently engaged to sell assisted living and memory care facility in Goshen, Indiana. The 80 unit community was originally constructed in 2004 (55 units) with a 2007 addition of 26 units (one currently used as an office). The building is comprised of approximately 92,156 square feet on 6.78 acres. At the time of the sale, the overall occupancy was 98%. The sale price of $14,000,000 included approximately $9,800,000 of HUD debt at 2.55% interest which was assumed by the Buyer. The Buyer owns a nursing home on the adjacent parcel giving the new owner a continuum of care campus. For additional information, please contact Ryan Saul at 630/858-2501 or ryansaul@slibinc.com