Nick Stahler, Michael Mooney, and Hap Knowles are pleased to announce the successful sale of The Alamitos West and Katella Senior Living communities, both located in the highly desirable city of Los Alamitos in Orange County, California.
The Alamitos West Health & Rehabilitation Center is a 150-licensed bed (142 operating bed) skilled nursing facility. Built to provide high-quality skilled nursing services, the facility sits directly across from the Los Alamitos Medical Center, with numerous medical office buildings and healthcare services nearby. With a CMS 4-Star rating, Alamitos West presented a compelling value-add opportunity and sold for $154,000 per bed.
Immediately adjacent, Katella Senior Living is a 73-unit assisted living and memory care community designed to support a seamless continuum of care. Originally built in 1969, the Katella community acts as a natural feeder to Alamitos West, enhancing resident retention and care transitions. Together, the two properties offered a strategic advantage to the buyer through economies of scale, operational synergies, and the ability to leverage ancillary services revenue.
The 43,552-square-foot Alamitos West and 29,861-square-foot Katella Senior Living are adjacent to each other on a full city block. Interstate 605 is a mile from the properties, and Long Beach, Seal Beach, and Cypress are within a short drive.
“This transaction highlights continued demand for well-located, high-quality senior care assets in Southern California, particularly those positioned within robust healthcare corridors,” commented Stahler.