CARRABELLE, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of St. James Health and Rehabilitation Center, a 90-bed skilled nursing facility in the Florida Panhandle beach community of Carrabelle.
St. James represented the operator’s only location in the state, which led to the decision to exit and focus on its core geographic concentration in the Midwest and Mid-Atlantic regions.
The facility was constructed in 2008 and comprises nearly all semi-private rooms. As the only facility in Carabelle with the next nearest competitor located over 30 miles away, St. James provided skilled and long-term care services to the local and surrounding communities, with some referrals also coming from the Tallahassee market.
The buyer an East Coast-based investor and its Southeast regional operating partner seeking expansion into Florida. The price was not disclosed.
Michael Segal and Ben Firestone led the Blueprint team.