Updated May 12, 2025
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
About this deal
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.
On the Map
$9,130,000
Senior Housing
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Players
Fernandina Beach Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Sale transactions
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Deal FAQ
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