Senior Living Investment Brokerage, Inc. facilitated the sale of a 32 unit/38 bed assisted living facility in eastern Oregon. The Seller is a local owner/operator that originally developed the building in 1995. They are retiring from the business. The Buyer is a regional operator out of Idaho looking to expand their presence in the region. The census at the time of sale was 97% and the ultimate sales price of $2,700,000 ($84,375/unit) for a 11.3% capitalization rate. The Buyer also has an option on an adjacent 5.7 acre parcel of land with the intention of developing a secure memory care facility. For additional information, please contact Senior Living at 630/858-2501 or 314/961-0070 www.slibinc.com
