SHAWNEE, Kan. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Shawnee Heartland Assisted Living, a 48-unit community located in the suburbs of Kansas City. The 32,388-square-foot, single-story community opened its doors in 2000.
Blueprint represented the seller of the property, a private partnership including a local operator. The opportunity was referred to Blueprint by one of its regional operator clients, which became the lessee in a transaction structure that included a partnership with a private real estate investment group based in Southern California as the landlord.
The purchase price was $7.2 million — about $150,000 per unit — and an all-in cap rate of approximately 8.4 percent.
Ben Firestone, Jacob Gehl, and Mike Segal each played a role in the execution of the transaction.