Millennial Property Investments Corp Acquires Nursing Home In Bartow For $5M

The $5 million sale of the Rohr Home in Bartow has been approved by the Polk County Commission. The buyer, Millennial Property Investments Corp., will acquire the nursing home property with a total area of 24,600 square feet. Located at 2120 Marshall Edwards Drive, the property holds significant community importance and will continue its operations under the new ownership.

Summary of transaction details

• Property Type: Nursing Home
• Sale Price: $5,000,000
• Square Footage: 24,600
• Address: 2120 Marshall Edwards Drive
• Market: Bartow

Millennial Property Investments Corp., represented by Daniel Jones, acted as the buyer in this transaction. On the selling side, the Polk County Commission, led by Rick Wilson, finalized the sale. Initially opposing the privatization of the nursing home, Wilson had a change of heart when he considered the buyer's local ties and commitment to the community. The acquisition by Millennial Property Investments Corp. ensures the continuity of the Rohr Home's services, benefiting the residents of Bartow.