WV Eye Consultants Portfolio
Ophthalmology Portfolio | Charleston, WV
Transaction Details
$8.5 million
Charleston, WV
32,698 SF
Ophthalmology Portfolio
Portfolio Sale
Ophthalmology
Key Highlights
Property Overview
CREG Healthcare successfully represented the seller in the $8.5 million sale of WV Eye Consultants Portfolio, totaling 32,698 square feet of ophthalmology facilities in Charleston, West Virginia, representing the region's leading comprehensive eye care platform.
Transaction Highlights
This premier ophthalmology portfolio represents the dominant eye care provider in the Charleston, West Virginia market. The facilities include comprehensive ophthalmology clinics, surgical capabilities for cataract and refractive procedures, and full diagnostic services. As the state capital and largest city, Charleston provides a stable market with strong demand for ophthalmology services with limited specialty competition.
Property Features
Comprehensive Eye Care
Full-service ophthalmology platform offering medical eye care, surgical procedures, and optical services under one umbrella.
Surgical Capabilities
On-site surgical facilities for cataract surgery and other ophthalmologic procedures with state-of-the-art equipment.
Market Leadership
Dominant ophthalmology provider in Charleston market with strong brand recognition and patient loyalty.
Regional Hub
Serving Charleston and surrounding West Virginia communities with limited specialty competition in the region.
Why This Transaction Succeeded
- Market Dominance: Leading ophthalmology position in Charleston attracted buyers seeking established platforms with strong market share.
- Surgical Premium: On-site surgical capabilities commanded premium valuations compared to clinic-only properties.
- Limited Competition: Charleston market with limited ophthalmology competition enhanced long-term value proposition.
- Practice Quality: Well-established group with multiple ophthalmologists and long operating history in market.
- Targeted Marketing: Strategic outreach to ophthalmology-focused investors generated competitive bidding despite secondary market.
Transaction Outcome
WV Eye Consultants Portfolio sold for $8.5 million to a specialty medical real estate investor focusing on ophthalmology platforms. The transaction demonstrated CREG Healthcare's ability to successfully market specialty properties in secondary markets by emphasizing market leadership, limited competition, and practice quality.
"CREG Healthcare's expertise in ophthalmology real estate and their ability to identify the right buyers for our Charleston market portfolio resulted in a highly successful transaction."
Your Transaction Team
Work directly with our experienced managing partners who have closed billions in medical real estate transactions.
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