Ryan Saul sold a 180 bed skilled nursing facility in Northwest Indiana. The facility was built in 1972 and was in excellent condition. The census at the time of sale was 80% with a 38% quality mix. Senior Living Investment Brokerage, Inc. conducted a confidential sales process while fieldng multiple offers that resulted in a record price per bed for a skilled nursing facility in the State of Indiana. Ryan, working with the Seller, negotiated a sale price of $12,850,000 ($71,389/bed) for an 11.7% cap rate. The Seller is a regional owner/operator that has utilized Ryan’s services in the past. This particular facility does not fir their prototype of skilled beds combined with assisted living. Ryan was able to identify a Buyer from outside of Indiana. The Buyer currently owns 12 facilities and were actively looking to diversify their portfolio. They plan on focusing on certain cost centers and raising census. for additional information, please contact Ryan Saul at email@example.com or at 630/858-2501.