Second Time's a Charm
Sale of 74 unit/bed assisted living and skilled nursing facility in Ohio
Blueprint is pleased to announce the successful sale of a 74 unit/bed assisted living and skilled nursing facility located in Canton, Ohio. Blueprint executed the sale process on behalf of a local owner-operator seeking to retire.
Ownership approached Blueprint with the mandate after a previously failed sale process left them focused on achieving a sale.
The well positioned and purpose built 2016 vintage asset struggled with lease up, thus was cash flow neutral at the time of sale.
Blueprint focused its marketing efforts toward a select pool of prospects that specialize in deep value-add seniors housing opportunities.