Franciscan Medical Center | Belfair, WA
THE VARA GROUP is pleased to announce the sale of the Franciscan Medical Center in Belfair, WA. Our team supported the Buyer through a full 1031 exchange—selling their downleg property and sourcing a variety of strong replacement opportunities. We secured a newer construction, long-term leased asset well ahead of the 1031 deadline, ensuring a smooth and timely closing. The acquisition not only increased the Buyer’s cash flow, but also significantly reduced their day-to-day management responsibilities. This transaction highlights our ability to execute complex investment strategies and deliver outcomes that align with long-term financial goals.
Address: 21 Romance Hill, Belfair, WA 98528
$5,480,000.00Price