Kiser Group Partner Mark Myers closed the sale of an 84-bed senior housing community located in a rural market east of Cleveland, Ohio. The property traded for $7 million.

Situated on 26 acres, the community was originally constructed in 1950 and expanded through multiple additions between 1965 and 2001. At the time of sale, occupancy ranged between 70% and 80%. The property features a diversified care mix comprising 76 skilled nursing facility beds, five assisted living facility units, and three independent living facility units.

The buyer is an owner-operator with a skilled nursing portfolio across the Midwest and a growing presence in Ohio. The seller was a family ownership group based in the Cleveland region, marking the successful transition of a long-held asset to an institutional-quality operator positioned for sustained growth.