Blueprint Brokers $2.6M Sale of 50-Bed Skilled Nursing Facility Near Columbus

MARYSVILLE, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of Milcrest Nursing Center, a 50-bed skilled nursing facility in the Columbus suburb of Marysville, for $2.6 million.

A publicly traded REIT and a regional operator both sought to divest their interest in the property. The buyer was a real estate investor looking to expand its healthcare presence.

Milcrest was built in 1968 and renovated in 1998. Despite its size and featuring only semi-private rooms, the facility was generating $3 million per year in revenue due to its proximity to the local hospital and good location near downtown Maryville.

The purchase price equates to $52,000 per bed. Blueprint’s Ben Firestone and Michael Segal sourced the buyer, and Connor Doherty led the negotiations on the transaction.

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