Trent Gherardini of Blueprint Healthcare Real Estate Advisors assisted a long-time owner of a skilled nursing facility in Buchanan, Georgia in the sale of the asset for $2.7 million. The facility was originally built as a hospital in the 1960s, until the seller converted it to a 60-bed SNF in the mid-1980s. It reportedly had a good reputation in the area, attractive quality mix and strong history of cash flow, but its age, 80% occupancy and location in rural west Georgia probably kept the price down to about $45,000 per bed, or less than half of the national average for SNFs sales in 2016 ($99,200 per bed). The owner and its operator decided to sell in advance of the lease expiration because the contractual relationship had run its course and the owner had decided to exit the industry altogether. It will now be up to the new owner, a Florida-based owner/operator, to add some more value to the facility, a tough task these days for older SNFs.