Jeff Binder and Matthew Alley have sold a pair of Skilled Nursing Facilities in Texas. The facilities, located in the same city, are a 120 bed facility built in 1994 and a 108 bed facility built in 1970. The Seller is an local, independent Texas owner/operator. The Buyer is an owner/operator from New York that already owns several facilities in Texas. One of the facilities is profitable while the other is a non-performing facility. The facilities sold for $5,250,000. This transalates to .84x GIM or $23,025/bed. For additional information, please contact Matt Alley- alley@slibinc.com or Jeff Binder- binder@slibinc.com
