SLIB Brokers $2.2M Sale of 42-Unit Community in Virginia

by Jeff Shaw

TAZEWELL, Va. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Lexington at Tazewell, a 42-unit assisted living community in Tazewell, for $2.2 million. Tazewell is located in western Virginia near the West Virginia and Kentucky borders.

A local operator with five other locations throughout the state purchased the 33,480-square-foot facility. SLIB represented the seller, a lender that financed renovations to the community before foreclosing on the former owner.

Patrick Burke, Bradley Clousing and Toby Siefert led the SLIB team.

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