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SHELTON, WASH. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Maple Glen, a 54-unit assisted living community in Shelton, approximately 55 miles southwest of Seattle.
The facility was built in 2000. The property totals 50,555 square feet and is situated on approximately 3.7 acres of land.
The buyer is a Pacific Northwest owner-operator and plans to spend money on capital improvements and increase the number of licensed beds.
Jason Punzel, Brad Goodsell, Vince Viverito and Jake Anderson of Senior Living Investment Brokerage handled the transaction. The seller and price were not disclosed.