Senior Living Investment Brokerage, Inc recently sold two Independent Living Communities in Washington. One of the Independent Living community is 38 units and was built in 1986 while the other property is 43 units and was built in 1987. Senior Living Investment Brokerage was able to procure multiple offers from local, regional and national buyers. The Buyer chosen is a regional operator headquartered in the Pacific Northwest. The Buyer will manage the communities and plans to invest in capital improvements at both locations. The cap rate was 11.7% with an average census of 90%. For additional information on this Independent Living Community or to inquire as to how Senior Living Investment Brokerage can assist you, please contact Jason Punzel at 630/858-2501 or punzel@slibinc.com
