CLINTON, Utah — Senior Living Investment Brokerage (SLIB) has arranged the sale of Pheasant Run, a memory care community in Clinton, approximately 30 miles north of Salt Lake City.
Built in 2015, the facility consists of 45 units and 66 beds across approximately 32,862 square feet, on three acres of land.
A regional owner exiting the Utah market sold the asset to a family office based in the Western U.S. for an undisclosed price. The new owner plans to use Ridgline Management Company as the operator.
Jason Punzel, Vince Viverito and Brad Goodsell of SLIB handled the transaction.
“Pheasant Run is a well-constructed, strategically located, standalone memory care community that fits in well with the buyer’s long-term strategy to expand their senior’s portfolio,” says Viverito.