SLIB Arranges $2.1M Sale of 99-Bed Skilled Nursing Facility in Iowa

by Jeff Shaw

EAGLE POINT, Iowa — Senior Living Investment Brokerage Inc. (SLIB) has arranged the $2.1 million sale of a 99-bed skilled nursing facility in Eagle Point, located along the Mississippi River on the borders of Iowa, Wisconsin and Illinois.

The facility was built in 1950 and updated in 2004 and 2010. The name was not disclosed. A regional owner-operator purchased the community.

Matthew Alley and Ryan Saul of SLIB brokered the transaction.

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