Carter Validus Mission Critical REIT Acquires $22.6 Million Specialty Hospital Property in Arkansas
announced today that it has acquired the Physicians Specialty Hospital property in Fayetteville, Arkansas, for $22,625,000.
This 20-bed, short-term acute care surgical hospital measures approximately 55,740 square feet. The property was renovated in 2009, when it was converted into an in-patient specialty hospital. It benefits from a state-of-the-art design that includes four operating rooms, one procedure room, a full scale emergency department, and in-house diagnostic lab and radiology departments.
“Physician Specialty Hospital is a highly regarded surgical hospital in Fayetteville. In 2012, the hospital had the highest patient satisfaction scores of all the hospitals in the area,” says of Carter Validus Mission Critical REIT. “We are pleased to add a property of this caliber to our portfolio of mission critical assets.”