Eagle Has Landed
Blueprint is pleased to announce the successful sale of Eagle Lake Rehabilitation & Care Center, a 59-bed skilled nursing facility located in St. Petersburg, Florida. Blueprint conducted an exclusive sales process on behalf of a private owner/operator looking to take advantage of the soaring market environment.
Sale of 59-bed skilled nursing facility in St. Petersburg, Florida
At the request of ownership, Blueprint conducted a concise and timely marketing campaign approaching the most aggressive qualified purchasers seeking to grow in the Tampa MSA.
The Seller created and ultimately unlocked significant value by successfully turning around a cash-flow negative nursing facility in Eagle Lake.
At the time of sale, overall occupancy was stabilized around 90%, and cash flow was trending positively.
Blueprint procured an emerging regional owner/operator looking to expand its presence on Florida's west coast.