Guest Blog Post feature is a new idea we are trying to give all of our members an opportunity to share an article or press release on theBrokerList blog. Since our project is open to the public via online search, writing a blog article about an area of expertise or sharing a Done Deal or Achievement, is a great way to brand you and your firm. Thanks to Julie Johnson for providing this press release.
Two Healthcare Properties Sold in 2012 for a Total of $7.5M
We are excited to share the successful sale of two assisted living facilities for a total amount of $7,500,000 in just the last five months. GPE Healthcare Investment Group represented the sellers in both transactions.
In May, Reflection Bay at 2932 North 14th Street in Phoenix sold for $2,500,000. The single-story, 30,404-square-foot building was built in 1964 and renovated in 1984 and 2007.
In January, Concorde Assisted Living Facilityat 4625 East Twain Avenue in Las Vegas was sold for $5,000,000. The two-story, 70,789-square-foot building was built in 1997 and includes 14 one-bedroom units, 87 studio units, commercial kitchen, dining hall, recreation room, and laundry facilities. For this sale, our team partnered with Cushman & Wakefield in Las Vegas with exceptional results.
GPE Healthcare Investment Group: