Senior Living Investment Brokerage, Inc. was recently hired to for a Skilled Nursing Facility sale in Oklahoma. The seller of the 100 bed facility was a local family with over fifty years of experience in the local long term care business. At one time, the family owned three nursing homes in the local market. This was their last long term care asset and they are retiring from the business. The Buyer is a relatively new owner based out of Chicago. They have partnered with a regional operator with several facilities within a fifty mile radius of this property. The 33,550 square foot facility was built in 1985 and had a census of 76%. The property sold for a 8.1% cap rate and a 0.92X EGIM. For additional information contact Nick Cacciabando or Jeff Binder at 314/961-0070.
