Florida Senior Housing Property Sells for $10.2M

TAMPA, FL--CLW Health Care Services Group is pleased to have represented a privately-owned partnership in the $10.2 million sale of The Veranda, (top right photo) a 114-unit Senior Housing property located in Pensacola, Florida.

The property features:

• 94 Independent Living units; 20 Assisted Living units
• Built in 2004 (portion converted to Assisted Living in 2007)
• Three-story, 143,640± square foot building
• 6.44± acres
• Purchase price of $89,474 per unit
• 61% occupancy at time of closing

Contact: Allen McMurtry, 813.349.8349, amcmurtry@clwrg.com