CCN 465006 · Salt Lake County, Utah
Mt. Olympus Rehabilitation Center
2200 East 3300 South, Salt Lake City, UT 84109
Mt. Olympus Rehabilitation Center is a 100-bed for-profit nursing home in Salt Lake City, Utah, first certified for Medicare or Medicaid in 1977. CMS rates it 2 out of 5 stars overall in its September 2026 data, and it averaged 59.7 residents a day, about 60% of its certified beds. It has an active FHA-insured Section 232 loan: $7.2 million originally, at 2.96%, with $6.6 million outstanding as of September 30, 2026 and maturity in July 2055.
Facility facts
- Certified beds
- 100
- Average residents per day
- 59.7 (59.7% of beds)
- Ownership type
- For profit - Corporation
- Certification
- Medicare and Medicaid
- Legal business name
- Beaver Valley Hospital
- Certified since
- Oct 1, 1977
- Chain or affiliated group
- Cascades Healthcare (19 facilities, chain average 2.0 stars)
- Location
- Urban
Ratings and staffing
Star ratings run from 1 to 5. Staffing is nurse hours per resident per day from CMS Payroll Based Journal data; turnover is the CMS annual nursing staff turnover rate. Occupancy is CMS's average daily census divided by certified beds.
| Measure | This facility | Utah median | US median |
|---|---|---|---|
| Overall rating | 2 of 5 | State spread: 9 at 1, 19 at 2, 24 at 3, 19 at 4, 25 at 5 | |
| Health inspections | 1 of 5 | ||
| Quality measures | 5 of 5 | ||
| Staffing | 3 of 5 | ||
| Total nurse hours per resident per day | 3.63 | 3.71 | 3.68 |
| RN hours per resident per day | 0.89 | 1.04 | 0.58 |
| Weekend nurse hours per resident per day | 3.21 | ||
| Nursing staff turnover | 58.6% | 50.5% | 44.9% |
| Occupancy (residents / beds) | 59.7% | 77.0% | 85.7% |
| Fines reported by CMS | 5 totaling $149,703 | ||
| Health deficiencies, latest standard survey | 17 (May 9, 2024) | ||
HUD 223(f) Express Lane: the CMS part
HUD gives 223(f) applications queue priority when the facility has CMS overall and health inspection ratings of at least 2 stars and no abuse icon, among other tests (ORCF criteria of March 31, 2026). Mt. Olympus Rehabilitation Center does not meet it today: health inspection rating 1. The loan-to-value, coverage and operator tests depend on the deal. All the criteria.
Who owns and operates it
These are the owners and operators the facility reported to CMS: anyone with a 5% or greater direct or indirect stake, and any organization with operational or managerial control.
| Name | Role | Share | Since |
|---|---|---|---|
| Cascades at Mount Olympus Rehab LLCOrganization | Operational / Managerial Control | n/a | 09/01/2018 |
| Cascades Healthcare LLCOrganization | Operational / Managerial Control | n/a | 01/01/2023 |
| Fullmer, BradenIndividual | Operational / Managerial Control | n/a | 07/01/2024 |
| Fullmer, ChadIndividual | Operational / Managerial Control | n/a | 09/18/2018 |
| Langford, ScottIndividual | Operational / Managerial Control | n/a | 09/18/2018 |
| McSpadden, DarinIndividual | Operational / Managerial Control | n/a | 09/18/2018 |
| Muir, GarthIndividual | Operational / Managerial Control | n/a | 01/01/2023 |
Changes of ownership
No change of ownership for this facility appears in the CMS change-of-ownership file, which starts in January 2016.
HUD Section 232 loans
HUD's Office of Healthcare Programs lists these FHA-insured loans for a project we matched to this facility by name, city and bed count. Status, rate and balance come from HUD's insured-mortgage files as of September 30, 2026. Check the FHA number against the loan documents before relying on the match.
| Endorsed | Program | Original amount | Status | FHA number |
|---|---|---|---|---|
| Sep 10, 2021 | 223(f) refinance or purchaseHUD project name: Mt Olympus Rehabilitation Center, 101 beds. Lender at endorsement: Walker and Dunlop LLC | $7,209,300 | Active: 2.96%, $6,550,574 balanceMatures Jul 1, 2055. Servicer: Walker and Dunlop LLC | 10522077 |
| Aug 18, 2011 | 223(a)(7) refinance of a construction loanHUD project name: Avalon Valley Rehabilitation Center, 138 beds. Lender at endorsement: Capital Funding LLC | $6,122,200 | Ended Mar 3, 2023Prepayment | 10543067 |
Sources and dates
Facility, rating, staffing and ownership data: CMS Provider Information and CMS Ownership, processing date September 2026. Private equity, REIT and mortgage-interest flags and changes of ownership: CMS Skilled Nursing Facility All Owners and Change of Ownership files (2026-10-01). FHA-insured loans: HUD Office of Healthcare Programs endorsement database, data run July 8, 2026. How we join them, and what the join can get wrong: methodology.
SNF Register is independent. It is not affiliated with or endorsed by CMS, HUD or FHA. Spotted an error? Write to hello@hudskillednursing.loan.