JUST SOLD! $6,640,000.00 Assisted Living Facility
California, July 1, 2016. JCH Consulting Group is pleased to announce the successful sale of an Assisted Living & Memory Care facility located in Hawaii. Built in 1997 and completely renovated in 2015, the 126 unit facility sold for $6,640,000.00, equating to $52,698.00 per unit. The occupancy rate at the time of closing was 65%. JCH expeditiously executed the deal, which took only 45 days from acceptance of the letter of intent to close, with a marketing period of 6 months.
Lee Blake was the lead agent on the transaction.