Daily limit: 0/10
Welltower Inc. Acquires Windsor Pointe Independent Living In Jacksonville For $36.035M From Legend Senior Living
SOLD
$36,035,000
Florida
See Similar DealsSenior Housing
Sold 02/14/2025
SOLD
Welltower Inc. Acquires Windsor Pointe Independent Living In Jacksonville For $36.035M From Legend Senior Living
4060 San Pablo Parkway
See Similar DealsSenior Housing
Sold 02/14/2025
Summary
FLORIDA
Asset Type:Senior Housing
Transaction Type:Sale
The transaction involved the sale of Windsor Pointe Independent Living, a senior housing community located at 4060 San Pablo Parkway in Jacksonville. The property spans 5 acres and offers both independent and assisted living accommodations, with rental prices starting at $4,185 per month. The sale price for this asset was $36,035,000.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $36,035,000
- Buyer: Shankh Mitra - Welltower Inc.
- Seller: Tim Buchanan - Legend Senior Living
- Date of Sale: February 14, 2025
Shankh Mitra represented Welltower Inc. in the acquisition of the property, which was sold by Tim Buchanan who represented Legend Senior Living. The senior living community was built in 2021 and is designed to cater to the needs of elderly residents looking for independent and assisted living options.
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,921,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$128,024.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$170,824.28
Annual Debt Service$2,049,891.41
Is there something missing? Send suggestions