SLIB Brokers $3.8M Sale of Assisted Living Community in Texas

by Jeff Shaw

KINGSLAND, Texas — Senior Living Investment Brokerage has arranged the sale of a 60-unit assisted living community in Kingsland, approximately 60 miles northwest of Austin, for $3.8 million.

The community, the name of which was not disclosed, was built in 1997. The buyer was an independent owner-operator based in the Dallas area.

Matthew Alley, managing director for SLIB, arranged the transaction.

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