200-Bed Tucson Rehab Center Sells for $34.3M

Park Avenue Health and Rehabilitation Center, a 200-bed skilled nursing and rehabilitation facility at 2001 N. Park Avenue in central Tucson, sold for $34.3 million. Real Estate Daily News reports Park Villa Corporation sold the property to the Ensign Group, which was managing the center.

The 62,000 square foot facility was built in 1987.

Located north of the University of Arizona and west of Banner–University Medical Center Tucson, Park Avenue provides short-term rehabilitation, skilled nursing and long-term care. The facility offers private and semi-private accommodations, with around-the-clock nursing care and an in-house rehabilitation team.

Its therapy services include physical, occupational and speech-language therapy, with individualized treatment plans supporting recovery, mobility and daily living activities.