ELIZABETHTOWN, Pa. — Senior Living Investment Brokerage has negotiated the sale of Elizabethtown Health & Rehab, a skilled nursing and personal care community in Elizabethtown, a suburb of Harrisburg.
The facility consists of 45 skilled nursing beds and 39 personal care beds. Most of the building is configured as semi-private rooms. The facility encountered COVID very early in the pandemic with almost all residents and several staff testing positive. With very few deaths, the facility continued to perform extremely well, benefited from higher rates, and was able to continue admitting residents as the preferred short-term rehabilitation facility in the area.
The seller was a New Jersey-based private owner that capitalized on turnaround efforts after acquiring the community a few years ago. The buyer is New Jersey-based individual looking to start into the business.