Assisted-living community sells for $2.8MAssisted-living community sells for $2.8Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=228622019-07-31T05:00:00Z2019-08-01T00:00:00Z

​​​MOUNT VERNON – Vernon House, a 50-unit assisted-living community at 502 Meadowpark Dr., has been sold.

A local doctor acquired the community from an independent owner-operator for $2.8 million, or $56,000 per unit.

The 41,000-sf property sits on 2.5 acres and was constructed in 1994.

Senior Living Investment Brokerage arranged the transaction. The community was 58 percent occupied at the time of sale.​

Dallas-Fort Worth-Arlington
Senior Living
http://rebusinessonline.com/slib-arranges-2-8m-sale-of-assisted-living-facility-in-mount-vernon-texas/Read more at {Source}

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