HARRIMAN, Tenn. — Blueprint Healthcare Real Estate Advisors has brokerd the sale of a 130-bed skilled nursing facility in the Knoxville suburb of Harriman for $6.1 million.
A publicly traded REIT based in California sold the property to Nick Martinez and Todd Okum of O&M Investments LLC. The name of the property was not disclosed.
The property was marketed as a value-add opportunity. O&M plans to lease the facility to a regional operator.
Christopher Hyldahl and Gideon Orion were the lead advisors on the transaction. The sale price equates to $47,000 per licensed bed.