RSR Senior Residences Acquires Senior Housing Property In Margate For $16M
SOLD
$16,000,000
Florida
See Similar DealsSold 03/07/2022
SOLD
RSR Senior Residences Acquires Senior Housing Property In Margate For $16M
5850 Margate Boulevard, Margate, Florida 33063, United States
See Similar DealsSold 03/07/2022
Summary
FLORIDA
Transaction Type:Sale
The senior housing property located at 5850 Margate Blvd in Margate was recently sold in a transaction. The property consists of 140 units and was sold for a price of $16,000,000. This translates to an average price per unit of $114,286.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $16,000,000
- Address: 5850 Margate Blvd
- Market: Margate
- Units: 140
- Price per Unit: $114,286
The buyer of the property is RSR Senior Residences, and they were represented by their broker. The seller of the property is Yanir Shmaryou. The lender involved in the transaction is Old Second National Bank.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$853,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$56,844.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$75,848.16
Annual Debt Service$910,177.95
Is there something missing? Send suggestions