facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Senior Housing

/

Sale

/

1900 Amelia Trace Court

John LaHood Of The Fellowship Family Acquires Senior Housing At 1900 Amelia Trace Court For $9.13M
SOLDSenior Housing

John LaHood Of The Fellowship Family Acquires Senior Housing At 1900 Amelia Trace Court For $9.13M

1900 Amelia Trace Court

$9,130,000

Building Size

Asset Type

Senior Housing

Closing

May 5, 2025

AI

The property asset involved in the transaction is a senior housing facility located at 1900 Amelia Trace Court in Fernandina Beach. The sale price for the asset was $9,130,000. The facility is set to be rebranded as Fellowship Amelia Island following the acquisition.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $9,130,000
  • Buyer: John LaHood - The Fellowship Family
  • Seller: Dennis L. Wagner - Senior Living Management Corporation
  • Date of Sale: April 30, 2025

This transaction represents the expansion of The Fellowship Family, marking their seventh assisted living and memory care location in Georgia and Florida. Dennis L. Wagner, who sold the property, is associated with Senior Living Management Corporation.

Players

TF
The Fellowship FamilyBuyer

Fernandina Beach Senior Housing Market Snapshot

Boundary boundary · Senior Housing · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.74%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93