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3025 Harbor Lane North

Updated Sep 22, 2026

American Healthcare REIT Acquires Broadwell Senior Living In Plymouth For $40.5 Million
SOLDSenior Housing

American Healthcare REIT Acquires Broadwell Senior Living In Plymouth For $40.5 Million

3025 Harbor Lane North

$40,500,000

$329/SF

Building Size

122,756 SF

Asset Type

Senior Housing

Closing

Jun 22, 2026

About this deal

AI

3025 Harbor Lane North is a senior housing community located in Plymouth, MN. The asset type is senior housing, comprising 130 units with a sale price of $40,500,000. The total square footage of the property is 122,756, resulting in a price per unit of $311,538 and a price per square foot of $330.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $40,500,000
  • Buyer: American Healthcare REIT
  • Seller: Goldenrod Cos.
  • Units: 130
  • Square Footage: 122,756
  • Price Per Unit: $311,538
  • Price Per Square Foot: $330
  • Date of Sale: 06/22/2026

American Healthcare REIT acquired Broadwell Senior Living from Goldenrod Cos. in an all-cash transaction. This acquisition enhances American Healthcare REIT’s portfolio in Minnesota, totaling roughly $240 million in senior housing investments across more than 700 units since mid-2025.

Players

AR
American Healthcare REITBuyer

Market Senior Housing Market Snapshot

Boundary boundary · Senior Housing · Sale transactions

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Deal FAQ

About $329 per square foot on a published $40.5M for 122,756 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.39%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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