Brad Clousing and Ryan Saul sold a portfolio of four assisted living facilities in the Florida panhandle. Each facility is 39 units and were constructed in 1999. There is available land with each site and the buildings were each designed for expansion of 12 to 14 additional units. The properties were well maintained and offered both assisted living and memory care. The facilities sold for $109,000/unit at a 10.1% capitalization rate. For additional information, please contact Ryan or Brad at 630/858-2501.
