Updated Dec 4, 2024
RD Advisors Acquires Nursing Home In Hyde Park For $800K
113 Central Avenue
$800,000
$57/SF
Building Size
14,012 SF
Asset Type
Nursing Home
Closing
Oct 31, 2023
About this deal
AI
A nursing home located at 113 Central Ave in Hyde Park, MA has been sold for a price of $800,000. The property spans 14,012 square feet, resulting in a price per square foot (PPSF) of $57. The sale took place on October 31, 2023, with RD Advisors represented by Sean Kelly-Rand & Colin Kelly-Rand acting as the buyers, while the seller was a REIT.
Summary of transaction details
- Property Type: Nursing Home
- Transaction Amount: $800,000
- Address: 113 Central Ave, Hyde Park, MA
- Market: Hyde Park, MA
- Buyer: RD Advisors - Sean Kelly-Rand & Colin Kelly-Rand
- Seller: REIT
- Square Footage: 14,012
- Price per Square Foot (PPSF): $57
Colin Kelly-Rand and Sean Kelly-Rand from RD Advisors played a pivotal role as the buyers' representatives in this transaction.
Players
Hyde Park Nursing Home Market Snapshot
Boundary boundary · Nursing Home · Sale transactions
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Deal FAQ
About $57 per square foot on a published $800K for 14,012 square feet (2023).
Visit Sean Kelly-Rand to view all their deals.
Browse Hyde Park nursing home sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.83%
Cash-on-Cash
-5.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93