Senior Living Investment Brokerage, Inc. facilitated the sale of a Skilled Nursing Facility consisting of 120 beds in Blue Springs, MO. This is the company’s third sale of a long‐term care facility in Missouri for 2009.
The one‐story structure was built in 1979 and encompasses approximately 39,000 square feet and sits on 2.915 acres. The facility is located on the eastern fringe of the Kansas City MSA and is within two miles of the primary medical center for the region. At the time of the sale, occupancy at the facility was approximately 70%. The buyer is a regional long‐term care provider and owns two other facilities in the state of Missouri.
The facility sold for $4.3 million, or approximately $33,800 per bed. Jeff Binder and Patrick Byrne of Senior Living Investment Brokerage, Inc. handled the transaction.
Grant A. Kief
Senior Living Investment Brokerage, Inc.