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BALLWIN, Mo. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of West County Care Center, a 137-bed skilled nursing facility in Ballwin, approximately 20 miles west of St. Louis.
West County Care Center consists of private and semi-private rooms and provides therapy, adult daycare, memory care and respite services. A new operator took over the community in fall of 2019, stabilizing operations and improving financial metrics.
The seller is a family-owned operator based in Missouri divesting of a non-core, under-performing asset. The buyer was a national, private real estate investment and management company. The price was not disclosed.
The new owner plans to renovate and modernize the physical building.