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SPALDING COUNTY, Ga. — Evans Senior Investments (ESI) has arranged the sale of a 148-bed skilled nursing facility in Spalding County, approximately 40 miles south of Atlanta.
A regional owner-operator sold the asset to CareTrust REIT for $12 million, or $81,000 per bed.
The community was originally built in 1968 and underwent a significant renovation in 2022. At the time of marketing, the community was 95 percent occupied.
CareTrust partnered with Florida-based Elevation Group to operate the facility.