The community, licensed for over 40 residents, had been successfully operating for more than 20 years and was well maintained with numerous recent improvements. The business featured a strong payor mix, including approximately 37% CADI and 54% Elderly Waiver (EW).At the time of the sale, the facility was professionally managed by an experienced Assisted Living Director, while the ownership had remained largely absentee. This transaction highlights the continued strength of the assisted living sector, supported by favorable demographic trends and constrained new development.

VR Business Brokers, Mergers & Acquisitions congratulates both the buyer and seller on the successful completion of the transaction.