Friday, October 25, 2013

Marcus & Millichap Arranges Sale of Hampton Court Assisted Living Facility in Haines City, FL for $1.5 Million

  
Hampton Court Assisted Living Facility, 301 South Tenth Street in Haines City, FL


Krone Weidler
HAINES CITY, FL, Oct. 25, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Hampton Court Assisted Living Facility, a 36,870-square foot seniors housing property located in Haines City, Fla., according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $1,500,000.

Krone Weidler, an associate vice president investments in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the local seller, a limited liability company.  

The Chicago-based buyer, Aviv REIT, was the end buyer in a transaction that included other sellers and assets that had been represented by Ms. Krone Weidler.

“The momentum for seniors housing assets in Florida is very strong now,” notes Ms. Weidler.  “Low interest rates and investor appetite for need-driven assets is at an all-time high.”

The Hampton Court Assisted Living Facility is located at 301 South Tenth Street in Haines City, Florida.

For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Regional Manager
Tampa, FL
(813) 387-4700


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