Kansas AL
Blueprint is pleased to announce the successful sale of a 48-unit assisted living community located in an affluent suburb of Kansas City. The single-story community opened its doors in 2000 and is comprised of 32,388 total square feet.

Blueprint represented the seller of the property, a private partnership including a local operator. The opportunity was referred to Blueprint by one of its most trusted regional operator clients. This regional operator ultimately became the lessee in a transaction structure that included a partnership with a private real estate investment group based in Southern California as the landlord. Blueprint’s existing track record with both the operator and the investor led to a beneficial result not only for the seller but also for the other parties involved.

The purchase price was $7,200,000, which represented $150,000 per unit and an all-in cap rate of approximately 8.40%.

Ben Firestone, Jacob Gehl, and Mike Segal each played a significant role in the execution of the transaction.

Ben Firestone
Executive Managing Director & Co-Founder
Jacob Gehl
Executive Managing Director & Co-Founder
Michael Segal
Senior Managing Director