NASHVILLE, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of an undisclosed 119-bed skilled nursing facility in Nashville.
A public REIT sold the property to an owner-operator looking to grow in the area for $16 million.
The multistory facility was originally built in 1970, then renovated and expanded in 2013. The nearly 100,000-square-foot facility was later acquired as part of a large portfolio transaction in 2016, and the lessee was retained to continue operating the portfolio.
The purchase price equates to $134,454 per licensed bed, a record for a single-facility transaction in the state of Tennessee, according to Blueprint. Ben Firestone and Michael Segal handled the transaction.