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Ensign Group buys 200-bed Tucson rehab center for $34.3 million
The 62,000-square-foot facility, built in 1987, was sold after Park Villa Corporation put the center, which Ensign Group was managing, up for sale.
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, according to ConnectCRE.
ConnectCRE reports that Park Villa Corporation sold the property to the Ensign Group, which had been managing the center.
The article says the 62,000-square-foot facility was built in 1987 and is located north of the University of Arizona and west of Banner–University Medical Center Tucson.
ConnectCRE adds that Park Avenue provides short-term rehabilitation, skilled nursing, and long-term care, with therapy services including physical, occupational, and speech-language therapy.