Senior Living Investment Brokerage, Inc. sold 4 Assisted Living Facilities in Florida. Three of the facilities were located near each other offering complementary services. The fourth facility is located in an area where there is a high demand for assisted living services. The overall census was 89% for the 165 units. The facilities were built in 1984, 1991, 1993 & 1996. The Buyer was a REIT who entered into a long term lease with a regional operator. The portfolio sold for $14,100,000 which translated into a 9.67% capitalization rate. For additional information, please contact Brad at [email protected], Jeff at [email protected] or Ryan at [email protected]
