Nick Cacciabando, Jeff Binder and Jason Punzel represented the seller of a 24 unit/32 licensed bed memory care facility in Iowa built in 1998. The asset is approximately 14,200 square feet and is on 1.5 acres of land. The large units are fully furnished and arranged around an interior courtyard. One of the challenges for potential Buyers was the layout of two, separate buildings- this presented added expense for staffing and services. The Seller was a financial institution from California. The Buyer is an Illinois based owner-operator. For additional information, please contact Senior Living Investment Brokerage at 314/961-0070 or 630/858-2501.
