Salle of 87-bed skilled nursing facility in Jasper, Texas
Blueprint is pleased to announce the successful sale of Jasper Nursing & Rehabilitation, an 87-bed skilled nursing facility located in Jasper, Texas approximately two hours northeast of Houston.
Jasper Nursing & Rehabilitation is comprised of two, single-story buildings built in the 1970's.
During the sales process, Blueprint highlighted the strong operational performance in 2013 which included approximately $2,400,000 and $240,000 in Total Revenue and EBITDAR, respectively.
In addition to the stabilized cash flow incurred during the period, the offering was positioned as having upside through an ongoing concern by boosting occupancy and quality mix or developing a replacement facility.