90-bed Skilled Nursing Facility in the San Antonio, Texas Area
American HealthCare Capital is pleased to introduce a 90-bed Skilled Nursing Facility that is for sale in the San Antonio, Texas area. The facility offers rehabilitative services and long term care for residents with moderate to complex medical conditions. The building recently underwent over $500,000 worth of renovations, both on the inside and outside.
The company’s payor mix is 65% Medicaid, 20% Medicare, and 15% Private Pay. Their average occupancy rate is 65%. Gross revenues were over $3 Million in 2010 and they are on track to do the same in 2011. The sellers feel there are ample opportunities for growth, including the addition of a dementia unit.
The sellers are absentee owners who oversee operations from out of state. The current management and clinical staff are available to continue working with a new owner. The asking price for this opportunity is $2.8 Million, which includes the real estate. 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.
90-bed Skilled Nursing Facility in the San Antonio, Texas Area
American HealthCare Capital is pleased to introduce a 90-bed Skilled Nursing Facility that is for sale in the San Antonio, Texas area. The facility offers rehabilitative services and long term care for residents with moderate to complex medical conditions. The building recently underwent over $500,000 worth of renovations, both on the inside and outside.
The company’s payor mix is 65% Medicaid, 20% Medicare, and 15% Private Pay. Their average occupancy rate is 65%. Gross revenues were over $3 Million in 2010 and they are on track to do the same in 2011. The sellers feel there are ample opportunities for growth, including the addition of a dementia unit.
The sellers are absentee owners who oversee operations from out of state. The current management and clinical staff are available to continue working with a new owner. The asking price for this opportunity is $2.8 Million, which includes the real estate. 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.