Southern Knights front

Jason Punzel and Matt Alley sold a 37 unit Assisted Living Community.  The operations had been break even for 2013 and 2014 but was full with a waiting list.  The Seller is an independent owner/operator exiting the seniors housing business.  The Buyer is a regional owner/operator based in Oregon.  The property, located 35 miles northwest of Houston, is 20,793 square feet on 4.3 acres of land.  It was built in 1999 with an addition in 2005.  The price was $2,700,000.  For additional information, contact Matt at alley@slibinc.com or Jason at punzel@slibinc.com    630/858-2501

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Grant Kief

Author Grant Kief

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