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BearRock Investments LLC Acquires Senior Housing In Hailey For $4.6M

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SOLD
$4,600,000

Idaho

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Senior Housing24,600 SF
Sold 02/06/2024
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SOLD

BearRock Investments LLC Acquires Senior Housing In Hailey For $4.6M

31 Mckercher Boulevard

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Senior Housing24,600 SF
Sold 02/06/2024
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Summary

IDAHO
Asset Type:Senior Housing
Price Per Square Foot:$187
Total Square Footage:24,600 SF
Transaction Type:Sale

The senior housing property located at 31 Mckercher Boulevard in Hailey, ID, was recently sold for $4,600,000. The asset spans 24,600 square feet, translating to a price per square foot of $187.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $4,600,000
  • Address: 31 Mckercher Boulevard
  • Market: Hailey, ID
  • Buyer: BearRock Investments LLC
  • Broker: Paul Kenny - Paul Kenny & Matt Bogue Commercial Real Estate

BearRock Investments LLC, headquartered in Seattle, acquired the assisted living community, Silvercreek Living, in Hailey for $6.4 million. The company plans to repurpose the property into workforce housing, showcasing their strategic investment approach.

Players

1 deal$4.6M volume(208) 720-3125
BROKER

Details

SOLD
IMAGE: 02/06/2024 ADDRESS: 31 Mckercher Boulevard MARKET: Hailey, ID ASSET TYPE: Senior Housing BUYER: BearRock Investments LLC BROKER: Paul Kenny - Paul Kenny & Matt Bogue Commercial Real Estate SALE PRICE: $4,600,000 SF: 24,600 ~ PPSF: $187 NOTE: BearRock Investments LLC, based in Seattle, has acquired Silvercreek Living, an assisted living community in Hailey, for $6.4 million with plans to convert it into workforce housing.

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