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4399 North Nob Hill Road, S...

Updated Oct 28, 2024

Encompass Health Corp Acquires Medical Facility In Sunrise For $26.75M
SOLDOther

Encompass Health Corp Acquires Medical Facility In Sunrise For $26.75M

4399 North Nob Hill Road, Sunrise, Florida 33351, United States

$26,750,000

$271/SF

Building Size

98,618 SF

Asset Type

Other

Closing

Dec 31, 2021

About this deal

AI

A medical facility located at 4399 Nob Hill Road in Sunrise has been sold for a price of $26,750,000. The property spans across 9.7 acres and features a total of 126 beds. With a total square footage of 98,618, the facility was sold at a rate of $271 per square foot.

Summary of transaction details

  • Property Type: Medical Facility
  • Transaction Amount: $26,750,000
  • Address: 4399 Nob Hill Road
  • Market: Sunrise
  • Acres: 9.7
  • Beds: 126
  • Square Feet: 98,618
  • Price per Square Foot: $271

The buyer of the medical facility is Encompass Health Corp, while the seller is Medical Properties.

Players

Sunrise Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $271 per square foot on a published $26.8M for 98,618 square feet (2022).

Browse Florida other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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