Touchstone Communities Acquires Nursing Homes In Copperas Cove, Harker Heights & Killeen For $25.83M

The sale involved a Nursing Home asset located at 810 Industrial Avenue, 415 Indian Oaks Drive, & 5700 East Central Texas Expressway in Copperas Cove, Harker Heights, & Killeen respectively. The property was sold for $25,831,000 and spans a total area of 182,713 square feet, resulting in a price per square foot of $141. The transaction was facilitated between the buyer, Touchstone Communities, and the seller, House Family. The correspondent for this deal was Dean Ofer from Harborview Capital Partners.

Summary of transation details:

• Property Type: Nursing Home
• Transaction Amount: $25,831,000
• Address: 810 Industrial Avenue, 415 Indian Oaks Drive, & 5700 East Central Texas Expressway
• Market: Copperas Cove, Harker Heights, & Killeen
• Buyer: Touchstone Communities
• Seller: House Family
• Correspondent: Dean Ofer - Harborview Capital Partners

The purchase also includes the assumption of long-term fixed-rate financing. For any debt or off-market advisory needs related to this off-market sale, interested parties can contact Dean Ofer directly at [email protected] or 646-733-8520.