Skilled Nursing Sale recently handled by Brad Clousing in Georgia. This transaction consists of a 102 Bed Skilled Nursing sale in Pineview, Georgia. The community has been leased at a rate of $50,000 per month for 10 years. The Skilled Nursing Community benefits from limited competition in the area, stable operations and an excellent reputation in the surrounding area. The tenant is an experienced Georgia operator. The Landlord was the previous owner/operator seeking to exit Georgia operations and focus on their Florida portfolio. The asset was built in 1967 with an addition and renovation in 2013. The census at the time of sale was 67%. For additional information on this Skilled Nursing Sale or to inquire about other opportunities, please contact Brad Clousing of Senior Living Investment Brokerage, Inc. at 630/858-2501 or [email protected]

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Brad Clousing, Managing Director of Senior Living Investment Brokerage, Inc. recently orchestrated an Assisted Living Community Sale in Nashville, Georgia. The asset features 12 assisted living units and 14 memory care units in the 18,603 square foot building. Originally built in 1997, the physical plant underwent an extensive renovation in early 2015 and the lease up began in August of 2015. The sale also included additional land for future potential expansion. The transaction was strucured as a sale leaseback. The seller also recently sold another community locatd approximately 25 miles south of this property in a sale leaseback transaction as well. The Buyer is a publicly traded REIT. The community was fully occupied at the time of closing and will benefit from the additional land for expansion of 20 to 24 units. The sales price for the 26 unit building was $2,700,000 which translates to $103,846 per unit. The cap rate was 11.3% and the Gross Income Multiple was 2.4X. For additional information on this Assisted Living Community Sale or how Senior Living Investment Brokerage, Inc. can facilitate the confidential sale of your seniors housing community, contact Brad Clousing at 630/858-2501 or [email protected]

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