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2801 Northwest 55th Avenue

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

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

US Century Bank
US Century BankLender

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