Colorado SNF sold for $5.4 million
Sable Care and Rehabilitation Center, a 120-bed skilled nursing facility in the Denver suburb of Aurora, has been sold for $5.4 million, Blueprint Healthcare Real Estate Advisors said.
A California REIT sold the property to a New York-based investor. The new owner will lease the facility to a prominent regional operator with an existing footprint in Colorado, the agent said.
The facility was yielding $6 million in total revenue over a year at 56% occupancy at the time it was put on the market.