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Amedisys Home Health & Hospice

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INVESTMENT OPPORTUNITY

SAB Capital is pleased to present Amedisys Home Health and Hospice in Morristown, Tennessee. Amedisys (NASDAQ: AMED) commnced a 5 year lease in 2021 with annual rent escalations. The tenant is a leading provider of home healthcare services in the U.S., serving over 400,000 patients annually. The area has seen strong population growth locally with a 5% increase since 2010 and a projected 4% increase through 2027.

  • Amedisys in Morristown, TN | 38 Miles Northeast of Knoxville
  • Strong Corporate Guarantee | Amedisys Companies (NASDAQ: AMED) Generated Over $2.2B in Revenue in 2022
  • Highly Experienced Operator | Amedisys is the Second Largest Hospice Care Provider in the U.S.
  • Priced Below Property Replacement Cost
  • Tennessee is an Income Tax Free State
  • Strong Hedge Against Inflation |  2% Increases Annually ($0.25 PSF Fixed)
  • Robust Local Population Growth | 5% Increase in 5 Mile Radius Since 2010, Projected 4% Increase Through 2027
  • Dense Medical Location | 293,000 Square Feet of Hospitals and Medical Offices Within 1 Mile Radius
  • High Quality of Service | Maintained the Highest Quality of Patient Care star rating in the home health industry of 4.49 with 99% of their care centers at 4+ stars

Tenant Price Cap Rate Lease Type Square Feet Status
Adventa Hospice $1,704,805 7.75% 12,260 Available

Dominic Padula

VICE PRESIDENT | INVESTMENT SALES
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