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My Summit Holdings LLC Acquires Colonial Assisted Living In Lauderhill For $20M From Sarepta No 6 LLC

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SOLD
$20,000,000

Florida

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Senior Housing35,546 SF
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My Summit Holdings LLC Acquires Colonial Assisted Living In Lauderhill For $20M From Sarepta No 6 LLC

2801 Northwest 55th Avenue

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Senior Housing35,546 SF
Sold
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Summary

FLORIDA
Asset Type:Senior Housing
Price Per Square Foot:$562
Total Square Footage:35546 SF
Transaction Type:Sale

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

LENDER

Details

SOLD
IMAGE: 03/06/2026 ADDRESS: 2801 Northwest 55th Avenue MARKET: Lauderhill ASSET TYPE: Senior Housing ~ ACRES: 4.09 BUYER: Mirvian Rodriguez- My Summit Holdings LLC SELLER: Jorge Carmenate - Sarepta No 6 LLC LENDER: US Century Bank SALE PRICE: $20,000,000 SF: 35,546 ~ PPSF: $563 NOTE: My Summit Holdings LLC acquired the 35,546-square-foot Colonial Assisted Living at 2801 NW 55th Ave. from Sarepta No 6 LLC for $20 million, more than double its $8.05 million 2024 sale price.The 68-unit, 98-bed facility on 4.09 acres was financed with $16.87 million in mortgages from U.S. Century Bank and sits just west of Florida Medical Center.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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