Updated Sep 22, 2026
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
Market 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
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93