Matt Alley, Ryan Saul and Ross Sanders sold a 40 Bed Skilled Nursing Facility in Central Iowa. The facility was owned and operated by a multi-state owner/operator based in Minnesota. The Buyer is a regional owner/operator looking to expand his current operations in Iowa. The new owner seeks to improve on a number of operational inefficiencies. The census was 82% and the facility sold for 1 10% capitalization rate. Senior Living utilized it’s brokerage team to locate an unique buyer for a smaller, rural facility and close quickly. Our individual brokers specialize in long term care facilities in specific markets yet work as a team to find the right buyer. Let us know if you would like to meet with one of our brokers to prepare a confidential proposal for your facility.