 |
Former Sebring Assisted Living Facility, 2301 US 27 South, Sebring, FL
|
 |
| Krone Weidler |
SEBRING, FL, Jan. 3, 2014 – Marcus & Millichap Real
Estate Investment Services, the nation’s largest real estate investment
services firm, has announced the sale of
a former Sebring Assisted Living Facility, a 12,090-square foot seniors
housing property located in Sebring, Fla., according to Richard D. Matricaria,
regional manager of the firm’s Tampa office.
The asset sold for $415,000.
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 seller, a financial institution. Ms. Weidler also procured the buyer of the
property, a limited liability company from Winter Haven, Fla.
This former Sebring Assisted Living Facility is located at
2301 US 27 South in Sebring, Florida.
This bank-owned asset is a former 32-unit/45-bed assisted
living community that was built in 1960 and 1981.
The property consists of two buildings totaling 12,090
square feet; a one-story assisted living facility and a two-story office
building. The property ran as an assisted living community with a limited
mental health (LMH) license.
“The seller, a financial institution outside of Florida, is
a well-established client of our firm. When asked to do a proposal on this
asset, it was important to ensure the asset could re-open as an assisted living
community,” says Ms. Weidler.
“After getting a comfort level that the asset could re-open
as assisted living, finding the right buyer became much easier. There were multiple offers on the asset,
which shows the continued strength of seniors housing in Florida.”
“The buyer plans an extensive renovation to provide a fully
secured memory care community, a demand that continues to grow around the
country and particularly in Florida with our aging population,” concludes Ms.
Weidler.
For a complete copy of the company’s news release, please
contact:
Richard D. Matricaria
Regional Manager
Tampa, FL
(813) 387-4700
No comments:
Post a Comment