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Ariel Reboh Of Reboh Realty Represents Buyer In $12.15M Purchase Of Hollywood Nursing Home

Property Image
SOLD
$12,150,000
John DeMarco
Ariel Reboh

Florida

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Nursing Home26,152 SF
Sold 09/25/2024
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Property Image
SOLD

Ariel Reboh Of Reboh Realty Represents Buyer In $12.15M Purchase Of Hollywood Nursing Home

1222 North 16th Avenue

See Similar Deals
Nursing Home26,152 SF
Sold 09/25/2024
John DeMarco
Ariel Reboh
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Nursing Home
Price Per Square Foot:$464
Total Square Footage:26,152 SF
Transaction Type:Sale

The property asset involved in this transaction is a nursing home located at 1222 North 16th Avenue in Hollywood. It has a total square footage of 26,152 and was sold for a transaction amount of $12,150,000, which translates to a price per square foot of $464.

Summary of transaction details:

  • Property Type: Nursing Home
  • Transaction Amount: $12,150,000
  • Address: 1222 North 16th Avenue
  • Market: Hollywood
  • Square Footage: 26,152
  • Price Per Square Foot: $464
  • Seller: North Lake Retirement Home
  • Buyer's Representative: Ariel Reboh - Reboh Realty
  • Seller's Representative: John DeMarco - Re/Max

Ariel Reboh of Reboh Realty represented the buyer in this deal and played a significant role in structuring a creative transaction beneficial for the buyer and its investors. John DeMarco from Re/Max represented the seller throughout the transaction process.

Players

John DeMarco
Re/Max
John DeMarco
5 deals$54.2M volume
BROKER
Ariel Reboh
Ariel Reboh
1 deal$12.2M volume
BROKER

Details

SOLD
IMAGE: John DeMarco & Ariel Reboh DATE: 09/25/2024 ADDRESS: 1222 North 16th Avenue MARKET: Hollywood ASSET TYPE: Nursing Home SELLER: North Lake Retirement Home BUYER'S REP: Ariel Reboh - Reboh Realty SELLER'S REP: John DeMarco - Re/Max SALE PRICE: $12,150,000 SF: 26,152 ~ PPSF: $464 NOTE FROM BROKER: Ariel Reboh of Reboh Realty brokered this deal, representing the buyer and structuring a creative transaction that delivered an outstanding opportunity for both the buyer and its investors. As part owner, Ariel played a pivotal role in making the investment a reality. In addition to this, Ariel's latest venture focuses on transforming properties in the Poconos and Clearwater into fully amenitized Airbnbs, offering the potential for highly attractive investor returns. For inquiries about purchasing, selling, or investing, contact Ariel at [email protected].

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