Originally strategically purchased for its location between St. Louis and Kansas City, the seller decided the asset was no longer consistent with its business plan. The seller desired a highly-targeted and confidential sales process, as opposed to a widespread marketing campaign, and asked Blueprint to approach a single, pre-approved buyer. Blueprint’s relationship with a non-profit looking to expand its mission in the region led to a mutually beneficial transaction.
Blueprint secured a purchase price of $5,500,000, or approximately $42,000 per bed, for the rural facility.
Josh Salzman sourced the opportunity and executed the transaction.