Blueprint Arranges Sale of 68-bed Skilled Nursing Facility in Massachusetts for $3.9M

by Jeff Shaw

CHICOPEE, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the $3.9 million sale of Birch Manor Rehabilitation & Skilled Nursing Center, a 68-bed skilled nursing facility in Chicopee, approximately 30 miles north of Hartford, Conn.

A local owner and operator owned the community since 1989. That company sold the property as a value-add opportunity to a regional operator looking to expand its presence in Massachusetts.

At the time of sale, Birch Manor was 92 percent occupied with revenues of approximately $5.5 million. The purchase price equates to $56,618 per bed.

Steve Thomes and Tim Cobb led the Blueprint team on the transaction.

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