PARIS, Tenn. — Evans Senior Investments (ESI) has arranged the sale of Henry County Healthcare Center, a 136-bed skilled nursing facility in Paris, located near the Kentucky border west of Nashville and northeast of Memphis.
The transaction was executed on behalf of Henry County.
Built in 2001, Henry County Healthcare Center sits on five acres of land. At the time of marketing, the facility was only 43 percent occupied and experiencing negative cash flows.
Since the COVID-19 pandemic, the community has consistently remained below a 50 percent occupancy level. Although the pandemic played a part, the primary issue has been the community’s low staffing levels, which frequently led to rejecting admissions, according to ESI.
Ahava Healthcare purchased the asset for an undisclosed price.