HEMET, Calif. — JCH Senior Housing Investment Brokerage has arranged the sale of a seniors housing community in Hemet, located the San Jacinto Valley, totaling 64 skilled nursing beds and 49 assisted living beds.
A family-owned owner-operator sold the property to a first-time buyer for $5.4 million. The new owner immediately leased the property to a local assisted living operator.
The price equates to a capitalization rate of 9 percent and a price per bed of $84,375.
The post JCH Negotiates $5.4M Sale of Skilled Nursing, Assisted Living Campus in Southern California appeared first on Seniors Housing Business.
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