facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$9,130,000

Florida

See Similar Deals
Senior Housing
Sold 05/05/2025
the dealdetailscomps
Property Image
SOLD

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

1900 Amelia Trace Court

See Similar Deals
Senior Housing
Sold 05/05/2025

Summary

FLORIDA
Asset Type:Senior Housing
Transaction Type:Sale

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

BUYER

Details

SOLD
IMAGE: Dennis L. Wagner DATE: 05/05/2025 ADDRESS: 1900 Amelia Trace Court MARKET: Fernandina Beach ASSET TYPE: Senior Housing BUYER: John LaHood - The Fellowship Family SELLER: Dennis L. Wagner - Senior Living Management Corporation SALE PRICE: $9,130,000 NOTE: The Fellowship Family acquired Savannah Grand of Amelia Island for $9.13 million on April 30, rebranding it as Fellowship Amelia Island. The 1900 Amelia Trace Court facility marks the care provider’s seventh assisted living and memory care location in Georgia and Florida.

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$486,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$32,436.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,280.86
Annual Debt Service$519,370.29