Ryan Saul and Brad Clousing sold two Assisted Living facilities within 75 miles of each other in South Carolina. One facility had 48 units/62 beds and the other had 47 ALF units and 22 Independent Living villas for a total of 117 units. Overall census at the time of sale was 90%. The Seller is primarily a skilled nursing operator. The Buyer is a regional owner operator of assisted living facilites based out of Pennsylvania. The facilities sold at a 8.75% capitalization rate. The Buyer is utilizing conventional financing arranged through a regional bank. For additional information please contact Ryan or Brad at 630/858-2501.
