Senior Living Investment Brokerage, Inc. handled an Oklahoma Assisted Living Sale. The 124 unit Assisted Living sale is located in Oklahoma City and sold at an 8.4% cap rate. The approximately 70,195 square foot building on 4.95 acres sold for $13,750,000. It was built in 2001 with an addition in 2005 and had a census of 77% at the time of sale. The Seller is a private owner/operator exiting the seniors housing business. The Buyer is a non-profit entity in the process of expanding their seniors housing portfolio. The purchase was financed through the issuance of healthcare bonds. For additional information on this Assisted Living Sale, contact Matthew Alley or Nick Cacciabando of Senior Living Investment Brokerage, Inc.
