Pine-Crest_Merrill-Wis

Marcus & Millichap Arranges $9.5M Sale of Skilled Nursing Facility in Wisconsin

by Hayden Spiess

MERRILL, Wis. — Marcus & Millichap has arranged the $9.5 million sale of a skilled nursing facility located in Merrill.  

Totaling 120 beds, Pine Crest Nursing Home features 117 units, with 105 private rooms and 15 semi-private rooms. A memory care unit, rehabilitation center and special care units were recently added to the property. 

The facility was 70 percent occupied at the time of sale. Ray Giannini of Marcus & Millichap brokered the sale on behalf of the seller and procured the buyer. 

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