WHITEHOUSE, Texas — Blueprint Healthcare Real Estate Advisors has arranged the $6.2 million sale of Oak Brook Health Care, a 120-bed skilled nursing facility in the Tyler suburb of Whitehouse, approximately 110 miles southeast of Dallas.
A New York-based owner-operator with a significant existing presence in East Texas purchased the facility from a California-based REIT. The seller was attempting to remove a non-core asset, while the buyer was looking for a value-add opportunity.
The purchase price equates to $53,500 per licensed bed. Blueprint’s Christopher Hyldahl and Gideon Orion were lead advisors on the transaction.