Matthew Alley Sells Medicaid Beds
Medicaid Bed Sale
Matthew Alley of Senior Living Investment Brokerage, Inc. sold 13 Medicaid Beds to a local developer in Williamson County, Texas. Williamson County is located just north of Austin, Texas, and is a highly desirable market.
Sale Overview
The Medicaid Bed Sale was $195,000 or $15,000 per bed.
Senior Living Investment Brokerage, Inc. Seller Representation
The Seller is a local non-profit group that had placed the beds on “replacement status” shortly before the transaction closed. The Buyer is an owner operator based in New York and operates a facility in the county. The Buyer can benefit from an increase of three additional Medicaid beds when developing a new facility according to the State of Texas allowing a 25% increase for new development.
Contact Matt Alley
If you would like more information on this transaction or have Medicaid Beds you would like to sell, please contact Matthew Alley of Senior Living Investment Brokerage, Inc. at alley@slibinc.com or 630/858-2501 or www.matthewdalley.com.
