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CareTrust REIT Acquires 77-Unit Villas At San Bernardino Senior Care Facility For $10.76M

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SOLD
$10,760,000

California

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Senior Housing43,197 SF
Sold 01/23/2024
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SOLD

CareTrust REIT Acquires 77-Unit Villas At San Bernardino Senior Care Facility For $10.76M

2985 North G Street

See Similar Deals
Senior Housing43,197 SF
Sold 01/23/2024
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Summary

CALIFORNIA
Asset Type:Senior Housing
Price Per Square Foot:$249
Total Square Footage:43,197 SF
Transaction Type:Sale

CareTrust REIT recently acquired the 77-unit Villas at San Bernardino senior care facility for $10.76 million. The property offers memory care and assisted living services and is located near the 210 Freeway and Interstate 215 in San Bernardino.

Summary of transaction details

  • Property Type: Senior Housing
  • Transaction Amount: $10,760,000
  • Units: 77
  • Price per Unit: $139,740
  • Square Footage: 43,197
  • Price per Square Foot: $249
  • Market: San Bernardino
  • Buyer: Dave Sedgwick - CareTrust REIT
  • Seller: Daniel Brazeau
  • Date: 01/23/2024

The buyer, Dave Sedgwick, represented CareTrust REIT in the acquisition of the Villas at San Bernardino senior care facility. The seller of the property was Daniel Brazeau.

Players

3 deals$124.5M volume
BUYER

Details

SOLD
IMAGE: Dave Sedgwick DATE: 01/23/2024 ADDRESS: 2985 North G Street MARKET: San Bernardino ASSET TYPE: Senior Housing BUYER: Dave Sedgwick - CareTrust REIT SELLER: Daniel Brazeau SALE PRICE: $10,760,000 UNITS: 77 ~ PPU: $139,740 SF: 43,197 ~ PPSF: $249 NOTE: CareTrust REIT recently acquired the 77-unit Villas at San Bernardino senior care facility for $10.76 million, continuing the trend of senior care deals in the Inland Empire. The property offers memory care and assisted living services, located near the 210 Freeway and Interstate 215.

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