ESI Arranges $25M Sale of Skilled Nursing Facility in Anaheim, California

by Jeff Shaw

ANAHEIM, Calif. — Evans Senior Investments (ESI) has arranged the sale of a 138-bed skilled nursing community in Anaheim for $25 million.

A local owner-operator sold the asset to an East Coast-based real estate holding company, which will lease the property to a local operator. The purchase price equates to $181,159 per bed.

At the time of marketing, the community was 96 percent occupied and making over $2 million per year in net operating income. The facility also holds a contract for over 50 therapeutic residential care beds.

Matt Jassak with Foley & Lardner represented the sellers on the transaction.

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