REBusinessOnline

Blueprint Brokers Sale of Vacant Skilled Nursing Facility Near Boston for $3.6M

Wingate-at-Melrose-MA

Located in Melrose, Mass., Wingate at Melrose featured 82 skilled nursing beds.

MELROSE, MASS. — Blueprint Healthcare Real Estate Advisors has brokered the sale of a vacant 82-bed skilled nursing facility located in the Boston suburb of Melrose for $3.6 million. The property previously operated as Wingate at Melrose. Prior to the sale, and with the approval of the owner, the operator elected to shut down the facility and move all residents to another property to consolidate regional operations. The buyer was a regional hospital system seeking to expand. Steve Thomes was the lead advisor on the transaction.

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