GEORGETOWN, Ky. — Senior Living Investment Brokerage has arranged the sale of Dover Manor, an 85-bed skilled nursing facility in Georgetown, a northern suburb of Lexington.
A local owner-operator looking to exit skilled nursing sold the property for $5.3 million. The buyer was a northeastern owner-operator looking to expand into Kentucky.
The 25,009-square-foot property was built in 1977 and was 92 percent occupied at the time of sale.
Daniel Geraghty and Bradley Clousing of Senior Living Investment Brokerage handled the transaction.