Los Alamitos Senior Housing Trades All-Cash for $35M
1 Articles
1 Articles
Los Alamitos Senior Housing Trades All-Cash for $35M
Marcus & Millichap closed the sale of Alamitos West Health & Rehabilitation Center, a 150-licensed bed/142-operating bed skilled nursing facility, and Katella Senior Living, a 73-unit, 77-bed assisted living and memory care facility in Los Alamitos. The two properties sold all-cash for $34.5 million. “With a four-star rating from the Centers for Medicare & Medicaid Services, Alamitos West presented a compelling value-add opportunity and sold for…
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