It's a Midwest Swing
Sale of two assisted living communities in Oklahoma and Kansas
Blueprint is pleased to announce the successful sale of two assisted living communities located near Oklahoma City, Oklahoma and Wichita, Kansas. Blueprint executed the transaction on behalf of a publicly traded REIT and a national operator.
With a combined 52 total units and 16,000 square feet, the primarily private pay communities were built in 1993/1994 and completed renovations in 2016.
Well known in the respective local markets for exceptional resident care, the communities’ strong reputations supported competitive rates as both were over 90% occupied and generating steady cash flow.
As the seller’s portfolio continued to strategically evolve, Blueprint was selected to confidentially market the properties for sale.