San Antonio, Texas-based ML Healthcare purchased a 125-bed skilled nursing facility in the town of Henderson, about 20 miles west of the Texas-Louisiana border. Built in 2008, the facility is laid out in a hub-and-spoke design on one story. It was 73% occupied and brought in approximately $7 million of revenues.
This was the last facility of a family owner/operator that had sold its six other nursing facilities in Texas over the last few years. They retired following the closing, and the purchase price was not disclosed. Mark Davis of Healthcare Transactions Group handled the transaction.
