National Health Investors (NYSE:NHI) has boosted its presence in Texas. The company announced it has acquired a pair of skilled nursing facilities in the state, one located in Canton, and the other in Corinth. The total price of the buy is $26.3 million.

The two facilities are both less than two years old, and combined, have 254 beds. The company quoted its CEO Justin Hutchens as saying that "these two newly constructed, strong-performing assets are a great fit for NHI's diversified portfolio."

The firm said that it funded the acquisition from borrowings under a revolving credit facility. 

Fool contributor Eric Volkman has no position in National Health Investors. The Motley Fool has no position in National Health Investors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.