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MEDFORD, Ore. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Barnett Woods, a 70-unit independent living community in Medford, near the California border.
The community was built in 1975 with a renovation in 1980. The 60,796-square-foot building sits on nearly three acres.
The seller was a regional owner-operator looking to focus on higher-acuity communities. A local owner-operator acquired the property for $3.5 million and plans to remodel and reposition the asset.
Jason Punzel, Brad Goodsell and Vince Viverito of SLIB handled the transaction.