REBusinessOnline

ESI Negotiates $5.7M Sale of 98-Bed Skilled Nursing Facility in Montana

BUTTE, MONT. — Evans Senior Investments (ESI) has arranged the sale of Copper Ridge Health & Rehab Center, a 98-bed skilled nursing facility in Butte, for $5.7 million.

Built in 1975, the facility underwent a significant renovation in 2008. The facility operates with 98 functional beds but is licensed for 186 beds.

ESI represented the seller, an independent owner-operator. The buyer was a publicly traded healthcare REIT.

Eduro Healthcare, a regional operator in the Wisconsin, Colorado and Utah area, will operate the property. Copper Ridge Health & Rehab Center will be Eduro’s first Montana community.

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