Sale of Nursing Center in Ironton, Ohio
Blueprint is pleased to announce the successful sale of Sunset Nursing Center located in Ironton, Ohio.
Blueprint was tasked with the responsibility of maximizing value on behalf ownership in the strategic disposition of a 60-bed skilled nursing facility in Lawrence County, Ohio.
At the time of sale, the asset was operationally challenged and was cash flow-negative.
Through a targeted marketing approach, an ideal buyer emerged in a partnership Blueprint helped orchestrate.
The new venture consisted of a savvy regional operator with a specialty focus on higher acuity care and an opportunistic real estate investor with a knack for adding value through acquisitions.
Both parties are optimistic that Sunset's census, revenue, and operating income will all soon be on the RISE.