Buyer pays $15.4M for Kansas ASC — 3 quick points

An Overland Park, Kan.-based medical office building housing Mid-America Surgery Center was sold for $15.4 million.

Three quick points:

1. CNL Healthcare Properties II sold the facility to Overland Park MOB, an affiliate of HCP Medical Office Buildings.

2. CNL, a real estate investment trust, paid $14 million for the building in 2017.

3. The sale is expected to generate net sales of about $9.5 million, which CNL will use to pay down debt.

More articles on transactions/valuation:
Dr. Kellen Jex joins Riverpark Medical Center — 3 insights
Capital Digestive Care reopening office — 3 insights
6 GI-focused ASCs, endoscopy centers opened or announced in March & April

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