MONTGOMERY, Ala. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Oak Grove Inn, a 99-unit independent living and assisted living in Montgomery. The price was not disclosed.
Originally built in 2003, the property underwent three expansions between 2008 and 2015. Oak Grove Inn features 55 independent living units and 44 assisted living units. The sale included a contiguous parcel of land for future development.
An ownership group looking the exit seniors housing sold the property to an affiliate of Bridge Investment Group. The new owners will lease the community to Greenbrier Senior Living.
Brooks Blackmon of Blueprint was the lead advisor on the transaction.