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South Haven Health Realty LLC Acquires Nursing Home In Hoover For $8.5 Million

Property Image
SOLD
$8,500,000

Alabama

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Nursing Home34,654 SF
Sold 12/16/2024
the dealdetailscomps
Property Image
SOLD

South Haven Health Realty LLC Acquires Nursing Home In Hoover For $8.5 Million

3141 Old Columbiana Road

See Similar Deals
Nursing Home34,654 SF
Sold 12/16/2024
the dealdetailscomps

Summary

ALABAMA
Asset Type:Nursing Home
Price Per Square Foot:$245
Total Square Footage:34,654 SF
Transaction Type:Sale

The nursing home located at 3141 Old Columbiana Road in Hoover, AL, was sold for $8.5 million. The asset comprises 101 beds and spans a total square footage of 34,654. The price per unit is calculated at $84,158, while the price per square foot stands at $245.

Summary of transaction details:

  • Property Type: Nursing Home
  • Transaction Amount: $8,500,000
  • Buyer: South Haven Health Realty LLC
  • Seller: The South Haven Corp
  • Date of Sale: December 16, 2024
  • Units: 101
  • Square Footage: 34,654
  • Price Per Unit: $84,158
  • Price Per Square Foot: $245

South Haven Health Realty LLC acquired the nursing home from The South Haven Corp in a transaction finalized on December 16, 2024. This acquisition reflects strategic movements within the healthcare real estate sector, focusing on facilities that serve long-term care needs.

Details

SOLD
IMAGE: 12/16/2024 ADDRESS: 3141 Old Columbiana Road MARKET: Hoover, AL ASSET TYPE: Nursing Home BUYER: South Haven Health Realty LLC SELLER: The South Haven Corp SALE PRICE: $8,500,000 UNITS: 101 ~ PPU: $84,158 SF: 34,654 ~ PPSF: $245 NOTE: South Haven Health Realty LLC purchased the 101-bed South Haven Health and Rehabilitation nursing home at 3141 Old Columbiana Road in Hoover for $8.5 million on December 16, 2024.

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