Although Evans Senior Investments have been representing groups across the country, with the addition of David Dobek to the team, Evans Senior Investments is beginning to make more of a presence in the Western United States. “We’ve made a strategic push west of the Mississippi not only to identify new clients but we’ve also found a large quantity of new, aggressive buyers. This has increased our ability to bring buyers to bid on properties not only on the West coast but around the country,” says Jason Stroiman, President of Evans Senior Investments.
The first opportunity is an assisted living facility in Utah. The building is less than one hour from the Salt Lake City Airport which is extremely convenient for an out of state buyer. The price is less than the replacement cost and is based on a 10% capitalization rate. The physical plant was extremely overbuilt, and it is considered institutional in quality.
The second facility for sale is a skilled nursing facility in Oklahoma. The facility has over 200 beds and has recently renovated their Medicare wing. The asking price is $18,000 per bed because the facility is currently in receivership and the real estate owner is looking to liquidate his investment.
Those interested in learning more about these featured facilities should contact Evans Senior Investments at (312)896-0123 or visit Evans Senior Investments’ website at www.evansseniorinvestments.com. Evans Senior Investments will continue to seek out new and valuable investment opportunities, ensuring that both sellers and buyers have access to wide-ranging markets across the country.
January 10, 2011
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