ESI Arranges $7M Sale of Skilled Nursing Facility in North Carolina

GASTONIA, N.C. — Evans Senior Investments (ESI) has arranged the sale of Gastonia Care and Rehab, a 118-bed skilled nursing facility in the Charlotte suburb of Gastonia.

A publicly traded REIT sold the non-core asset to a growing regional owner-operator for $7 million, or $59,000 per bed. 

The new owner will replace the national operator, as the property’s occupancy was approximately 70 percent at the time of sale.