$33.4 Million Highly Profitable Skilled Nursing Portfolio located in Massachusetts
American Healthcare Capital is pleased to present three (3), state of the art Skilled Nursing Facilities located in Massachusetts. The properties are in pristine condition and absent of any deferred maintenance as it relates to structure, systems, and FF&E. They are also Joint Commission Accredited and have a 4-5-Star rating with CMS. Services provided include Short-term and Long-term Rehabilitation services, a full complement of Therapy services, specialty Memory loss and Alzheimer’s care programs, TBI, Oncology care, Wound care, Respite needs, Hospice, and much more.
The properties currently maintain an 85% occupancy rate and above. Their payor sources include Medicaid, Medicare, and Private Insurance. In 2017 the combined facilities generated approximately $31.65 million in revenue. The pro forma financials show the combined facilities are projected to generate approximately $33.4 million in revenue with adjusted EBITDAR of $3.05 million (9.14%).
The asking price for the business opportunity and real estate is $26.5 Million based on a capitalization rate of 11.5% (Pro Forma EBITDAR). If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.