Updated Sep 2, 2026
Shawn Zhou Of NewGen Health Acquires School Campus In Lancaster For $14.4M
44049 Sierra Highway
$14,400,000
$164/SF
Building Size
87,600 SF
Asset Type
School
Closing
Aug 28, 2026
About this deal
AI
The University of Antelope Valley sold its 87,600-square-foot campus located at 44049 Sierra Highway in Lancaster, CA, for $14.4 million. The property spans 6.4 acres and is classified as a school asset, with a price per square foot of $164.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $14,400,000
- Address: 44049 Sierra Highway
- Market: Lancaster, CA
- Asset Size: 87,600 SF
- Price per SF: $164
- Buyer: Shawn Zhou - NewGen Health
- Seller: University of Antelope Valley
- Seller's Representative: Dennis Marciniak - Daum Commercial Real Estate Services
Shawn Zhou, representing NewGen Health, intends to repurpose the former college campus into a healthcare and community services hub, focusing on workforce development, social services, and administrative support in collaboration with Los Angeles County.
Players
Surry School Market Snapshot
Boundary boundary · School · Sale transactions
Loading comparables…
Deal FAQ
Visit Dennis Marciniak to view all their deals.
Browse Surry school sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.10%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93