Select Sold Properties
If you have any questions about these transactions, let us know. Appraisers are welcome to connect with us for information on comparable sales of these assisted living facilities.
View Our Case Studies Below
3 Communities
Madison, Wisconsin
Senior Care Realty recently sold this confidential portfolio of assisted living communities. These are located in the desirable Madison metro area and the portfolio includes three 8-Bed Facilities for a total of 24 Beds. These are all licensed CBRFs (Community Based Residential Facilities) and they have been in business for +/- 20 years. The sale included all of the real estate and the business.
They care for residents with the following conditions: Physically Disabled (PD), Developmentally Disabled (DD), Traumatic Brain Injury (TBI), Frail Elderly (FE) and Dementia (D).
The portfolio was purchased for $4,950,000
80+ beds
Northwest Iowa
Senior Care Realty is proud to announce the sale a Skilled Nursing Campus of over 80 beds located in Northwest Iowa. The opportunity offers a new owner tremendous upside with Iowa's NEW Medicaid rate increases. This campus is set to receive over $55/per resident/per day which equates to over $1m+ in additional revenue. Tons of value to unlock at this property with both the business and real estate included.
The listing was purchased for $3,950,000
Assisted Living &
Memory Care
Community
Senior Care Realty is proud to announce the recent sale of a 112 unit Assisted Living and Memory Care community located in the Fox Valley of Northwest Wisconsin. In order to achieve a successful sale for the owners, a husband and wife team, SCR utilized a team approach that included Daren Dudgeon, Bob Richards and Chad Wegner that would ultimately culminate in a streamlined transition for the seller. The buyer is a National organization that will utilize their in-house operating team to ensure the facility remains of the highest quality.
The facility was purchased for $24,000,000 / $214,000 per unit
Northern Wisconsin Portfolio
Senior Care Realty represented the Seller of a portfolio of 15 Community Based Residential Facilities in Northern Wisconsin. Bob Richards was the client-advisor for the sale. The facilities were purchased by an out of state investor. Senior Care Realty was able to connect the Buyer with a local Management Company that will handle the operations of the communities as well as connect the Buyer with a preferred lender of Senior Care Realty. The communities were purchased for a total of $13,350,000 which was a 9.1% CAP Rate based on 2021 Financials.
The facility sold for: $13,350,000
75-Bed AL Portfolio Located in North East Wisconsin
Senior Care Realty represented the Seller of two senior living properties in Northeastern Wisconsin. This offering includes the following:
Property 1:
A 45-unit community based residential facility licensed for 50 residentsOriginally built in 2011, has had two separate expansions: one in 2014, and one in 2017Recent census of 45 residentsServes primarily Alzheimer’s/Dementia residents
Property 2:
23-unit community based residential facility licensed for 25 residentsA former restaurant, was converted to assisted living in 2016Recent census of 24 residentsServers primarily Alzheimer’s/Dementia residentsPotential for additional expansion
The facilities sold for $13,475,000
52 Bed Assisted Living Facility
Senior Care Realty helped the owner confidentially sell a 52 bed assisted living facility located in northeast Wisconsin. The facility had been operating at 88% of capacity.
The property was offered at a price of $4,100,000
90 Bed Assisted Living Facility
Senior Care Realty represented the seller of a 90 bed assisted living facility in southeast Wisconsin.
Bob Richards from Senior Care Realty was the client-advisor for this sale. Not only did Bob help connect the buyer and seller in a confidential way, but he also helped navigate several issues that needed to be resolved for a successful closing. Bob also helped the buyer arrange the financing for the buyer’s acquisition through a preferred lender of Senior Care Realty.
Milwaukee Metro Area
Senior Care Realty is confidentially and exclusively marketing a portfolio of assisted living communities. These properties are located in the SW Milwaukee metro area and include three 8 bed facilities within 15 minutes of each other, all CBRF licensed, for a total of 24 beds. Other amenities on the property include common areas, patios and backyards, large garage, and additional rooms currently used as office space.
Current occupancy is over 95%. This is an excellent turn-key portfolio that has produced consistent cash-flow for years.
The portfolio was purchased for $2,250,000
46-units in the Midwest
Senior Care Realty represented the Seller who was a family looking to retire. The buyer was a regional owner/operator with locations across the Midwest.
The 46-unit listing was purchased for $4,500,000