Matt Alley of Senior Living Sells Assisted Living Facility
Matthew Alley of Senior Living Investment Brokerage, Inc. sold a 46 Unit Assisted Living Community in Texas. The asset, located 60 miles southwest of Dallas, is approximately 25,780 square feet and is on 4.14 acres of land. It was built in 1999 and census at the time of sale was 93%. The purchase price was $4,150,000 and the Buyer reimbursed the Seller for the prepayment penalty on its HUD loan. The Seller is an independent owner/operator exiting the seniors housing business. The Buyer is a regional owner/operator based in East Texas. For additional information, please contact Matt Alley at [email protected] or 630/858-2501.
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