My Summit Holdings LLC Acquires Colonial Assisted Living In Lauderhill For $20M From Sarepta No 6 LLC
2801 Northwest 55th Avenue
$20,000,000
$562/SF
Building Size
35,546 SF
Asset Type
Senior Housing
Closing
Mar 6, 2026
AI
The property involved in this transaction is a senior housing facility located at 2801 Northwest 55th Avenue in Lauderhill. It covers an area of 4.09 acres and features a total square footage of 35,546. The facility includes 68 units with a capacity of 98 beds. The sale price for this asset was set at $20,000,000, resulting in a price per square foot of approximately $563.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $20,000,000
- Buyer: Mirvian Rodriguez - My Summit Holdings LLC
- Seller: Jorge Carmenate - Sarepta No 6 LLC
- Lender: US Century Bank
- Previous Sale Price: $8.05 million
- Sale Date: 03/06/2026
My Summit Holdings LLC acquired the property from Sarepta No 6 LLC with financing facilitated by US Century Bank, which provided a mortgage of $16.87 million for this transaction. The property is situated just west of Florida Medical Center.
Players
Lauderhill Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93