Trinity, Live Oak Buy 76-Bed Skilled Nursing Facility in Texas

TEXARKANA, Texas — CBRE has arranged the sale of Waterton Plaza at Cowhorn Creek, a skilled nursing facility in Texarkana.

A partnership between Trinity Healthcare and Live Oak Healthcare, both based in the Dallas/Fort Worth metroplex, acquired the property for an undisclosed price. The seller was The Waterton at Cowhorn Creek LLC.

Waterton Plaza is licensed for 76 beds in approximately 20,694 square feet. Built in 2001, the facility has a high-quality physical plant and a history of stable operations.

Daniel Morris of CBRE represented the seller in the transaction.